Nestlé reports sales of CHF 20.8 billion, organic growth of 4.2% and real internal growth of 2.6%. Growth in developed markets was 0.6% and in emerging markets 8.5%.
Paul Bulcke, Nestlé CEO: "Our organic growth in the first months of the year was in line with expectations and driven by volume rather than price. The continued roll-out of new products, along with good execution, sustained this growth in difficult market conditions. We will keep up the pace of innovation, while further strengthening support for our brands. We confirm our outlook for the full year: performance weighted to the second half, outperforming the market, with organic growth around 5% and improvements in margins, underlying earnings per share in constant currencies and capital efficiency. We expect the continued strengthening of the Swiss Franc to have a negative impact on reported sales."
Read the press release in English (pdf, 74 Kb), French (pdf, 77 Kb) and German (pdf, 74 Kb) and the investor call presentation slides (pdf, 817 Kb)
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