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Nestlé reports organic growth of 3.6% in HY2019

Net profit declined by 14.6% to CHF 5.0 billion, FY guidance for 2019 confirmed

Nestlé reports half-year results for 2019 with organic growth of 3.6%, with continued strong real internal growth of 2.6% and pricing of 1.0%. Increased growth was led by the United States and Brazil. Total reported sales increased by 3.5% to CHF 45.5 billion (6M-2018: CHF 43.9 billion). Net acquisitions had a positive impact of 1.1% and foreign exchange reduced sales by 1.2%.Net profit declined by...

agu - 8519
Vevey, Svizzera, 07/26/2019 21:28
EFA News - European Food Agency

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