Nestlé CEO Philipp Navratil assertive on strategy but can he deliver?

However, no mention of asset disposals or portfolio trimming were mentioned by Navratil, at least not in his presentation, and neither were potential acquisitions.And much of the innovation has been sideways or bolt-on rather than groundbreaking new stuff. M&A has tended to resolve that.Like many big CPG manufacturers, Nestlé being the world’s largest, they have built up huge portfolios that have arguably bloated resources and some, characterised as legacy brands, have dropped out of favour as consumers evo ...