Nestlè better than expected: profit +9%

August 9, 2012, 7:37 | di FIRSTonline editorial team | 0

The Swiss food giant closed the first half of 2012 with organic sales up 6,6%, even exceeding market forecasts, which predicted growth of 6,3%.

Nestlè closed the first six months of the year with organic sales up 6,6%, even exceeding market forecasts, which predicted growth of 6,3%. Overall sales of the Swiss food giant rose by 7,5% to 44,1 billion Swiss francs in the six months under review, while net income showed an increase of almost 9% to 5,1 billion. Nestle confirmed its full-year guidance, with organic sales growth expected to be between 5% and 6%.

FIRSTonline editorial team

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