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Nestlé grows in 2020 on an organic basis

Turnover and profits down due divestitures and exchange rates

Divestitures weigh heavily on Nestlé, but the multinational in 2020 recorded a net increase in sales on an organic basis (net of acquisitions, divestitures and currency effects), driven above all by those of pet products, whose growth to 3.6 % - according to Vevey - records "the highest level in the last five years". A +3.4% is due to the increase in sales volumes and the other +0.2% is due to price...

agu - 17125
Vevey, Svizzera, 02/18/2021 17:01
EFA News - European Food Agency

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