date:Oct 19, 2012
Nestl has reported third quarter sales up 11% to CHF 67.6 billion, reflecting 6.1% organic growth, pricing-created growth of 3.2% and 2.9% real internal growth.
11.7% organic growth was achieved in emerging markets, with a 2.4% increase in developed markets.
The company confirmed its full-year outlook: organic growth of 5% to 6%, improved margin and underlying earnings per share in constant currencies.
Nestls growth in the first nine months is in line with our expectations, said Paul Bulcke,