Nestlé sees growth of 4.4%

17 Apr 2015

Nestlé has announced organic sales growth of 4.4% to CHF20.9 billion for the period January – March 2015. Real internal growth was 1.9%. The company’s organic growth came primarily from emerging markets, which grew 6.7%. “Our three-month sales growth was in line with expectations and driven by both real internal growth and pricing,” said Paul […]

Nestlé sees growth of 4.4%

various-swiss-francs-paper-currency-notes-arranged-set-used-legal-tender-franc-chf-denominations-all-46341430Nestlé has announced organic sales growth of 4.4% to CHF20.9 billion for the period January – March 2015. Real internal growth was 1.9%. The company’s organic growth came primarily from emerging markets, which grew 6.7%.

“Our three-month sales growth was in line with expectations and driven by both real internal growth and pricing,” said Paul Bulcke, Nestlé CEO. “We delivered good performances in Zone EMENA, Nestlé Waters and Other businesses. We continued our efforts to restore momentum in ZoneAOA and in North America, and expect these initiatives to gain traction throughout the year. Our full-year outlook is confirmed: we aim to achieve organic growth of around 5% with improvements in margins, underlying earnings per share in constant currencies and capital efficiency.”