Reuters - Nestle (NESN.S) sees no direct fallout from renewed U.S. sanctions on Iran, the world�s biggest food company said on Tuesday.

�We continue to closely follow political developments regarding sanctions against Iran. There are no direct implications for our business at this stage,� it said in response to a query.

Nestle Iran has its headquarters in Tehran and two factories: one in Qazvin that produces infant cereals and infant formula, and a bottled water factory in Polour. The company has 818 employees and imports a limited range of Nestle products from abroad, it said.

�By providing basic food products to Iranian consumers, we will continue to fulfill the needs of the population,� it added.


Reporting by Angelika Gruber, Editing by Michael Shields