ZURICH (Reuters – Nestle has set a target for organic growth of around 5% in 2018, but the company’s chief executive stated that the margin targets have become more difficult due to inflationary pressures.

Mark Schneider, a member of the call team for the group’s quarter-end sales said that the company had a stronger start than we expected.

Inflationary pressures have grown a lot in the past year and are now in ways we didn’t anticipate. He stated that our range of 17% – 17.5% for the trading operating profit margin has changed in light of these changes.