February 16, 2017 / 1:26 PM / 8 months ago

BRIEF-New Nestle CEO to seek better balance of growth and margin

Feb 16 (Reuters) - Nestle Sa

* Nestle ceo says players in consumer goods industry who focus too much on bottom line see their sales suffer

* Nestle ceo says needs to offer better balance of growth and margin

* Nestle ceo says not working on any large m&a deals now, focus is on organic performance

* Nestle ceo says has “healthy sense of urgency” when it comes to turning around problem businesses like yinlu in china

* Nestle ceo says to narrow guidance as year progresses Source text for Eikon: Further company coverage: (Reporting By Martinne Geller)

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