0954 GMT - Nestle's CFO Anna Manz sounded confident that the company is on the right track on its turnaround, Barclays analysts say in a note following the bank's Global Consumer Conference. The main takeaway is that the company has the right playbook, the analysts say. However, what is most important is execution, they add. Further proof is needed to show that Nestle is becoming a fundamentally different company, they say. Nestle shares are down 1.2% at 79.4 Swiss francs.
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