VEVEY, SWITZERLAND — Numerous strategic steps by Nestle SA in recent years have focused on expanding the company’s presence in nutritional health products while shrinking the number of product lines it sells that would not be categorized as “better for you.”

Despite acquisitions and divestitures toward these objectives valued in the tens of billions of dollars, Nestle executives are acknowledging that the majority of its food and beverage products still fail to meet recognized standards for healthful foods, according to an article published by The Financial Times. In response to the article, Nestle told the publication it was updating its nutrition and health strategy.

“A presentation circulated among top executives this year, seen by the Financial Times, says only 37% of Nestle’s food and beverages by revenues, excluding products such as pet food and specialized medical nutrition, achieve a rating above 3.5 under…

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