Nestlé: Slowdown In Emerging Markets Affects Full-Year Results
date:Feb 17, 2014
results.

Meanwhile, net profit decreased to 10 billion Swiss francs (8.2 billion), due to restructuring and fluctuations in currency levels.

However, the company recorded its strongest level of growth in the Asia, Africa and Oceania market; underlying sales rose by 7.4%.

US recorded a 5.1% rise in sales while European sales rose by 0.8%.

The group recorded double-digit growth in Latin America.

Last year was challenging and 2014 will likely be the same, said chief executive Paul Bulcke.

Exp
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