Nestle reported slightly better than expected annual sales growth on Thursday, driven by price increases, but the world's largest packaged food company warned of a narrower profit margin in 2025.

The Syracuse metro area in Central New York had the biggest percentage point increase in home sale profit margin of any metro in the U.S. last year, according to ATTOM. The area’s profit margin on a typical sale was up more than 13 percentage points in 2024 when compared with the previous year.

The world's largest packaged food company reported better-than-expected annual sales growth but warned of lower profit margins in 2025. View on euronews

Nestle reported slightly better than expected annual sales growth on Thursday driven by price increases, though the world's largest packaged food company warned of a narrower profit margin in 2025. Under new CEO Laurent Freixe,