Nestle’s BabyNes Sales Exceed Expectations, Le Matin Reports

Sales of Nestle SA (NESN)’s BabyNes capsule system for formula milk have been “above our expectations,” Le Matin reported, citing Martin Grieder, head of the brand.

The company, based in Vevey, Switzerland, plans to make a final decision in the autumn on the planned introduction of the product in other European countries and the U.S., Grieder said in an interview in today’s newspaper.

To contact the reporter on this story: Dermot Doherty in Geneva at ddoherty9@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

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