date:Feb 19, 2013
Swiss food giant Nestl has reported an 11.57% increase in its full year net earnings to CHF10.6bn ($11.5bn) in 2012, compared to CHF9.5bn ($10.35bn) in 2011, driven by growth in all regions across the world.
The company posted a 10.2% increase in net sales to CHF92.2bn ($99.97bn), compared to CHF83.6bn ($90.64bn), with foreign exchange rate adding 1.7% to sales and acquisitions a further 2.6%.
Organic sales, including 3.1% real internal growth and 2.8% pricing, increased 5.9%.
Nestl CEO Paul