date:Oct 18, 2019
2.9 percent to CHF 68.4 billion (US$68.9 billion). Net acquisitions had a positive impact of 0.7 percent and foreign exchange reduced sales by 1.5 percent.
The strategic review of the Herta charcuterie business is ongoing and expected to be completed by the end of the year.
Nestl's Board of Directors has decided to distribute up to CHF 20 billion (US$20.1 billion) to Nestl shareholders over the period 2020 to 2022, primarily in the form of share buybacks.
Full-year guidance for 2019 confirmed