date:Apr 22, 2013
Swiss food company Nestl has reported a 5.4% increase in its net sales for the first quarter of 2013 to CHF21.94bn ($23.5bn), compared with CHF20.82bn ($22.34bn) for the same period in 2012.
The organic sales, including 2.3% real internal growth and 2% pricing, increased 4.3%.
Nestl CEO Paul Bulcke said the company expects some volatility throughout 2013 but reconfirms its expectation to deliver its commitments for the full year: top line, bottom line and capital efficiency.
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