Nestle Says Ebola in Ivory Coast Would Hurt Cocoa Output

Nestle SA Chief Executive Officer Paul Bulcke said the Ebola epidemic is spurring the company to speed up cocoa shipments from African countries such as Ivory Coast, the world’s largest producer.

“If it hits the Ivory Coast, we’re going to have a standstill,” Bulcke said yesterday. “We have a system where we fix certain prices for certain times, but not too long, because we’re not speculators, but to have stability in our cost. We continue doing it, maybe extending it a little bit.”