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Nestlé reports three-month sales for 2021 Share this page 14:00
Organic growth reached 7.7%, with real internal growth (RIG) of 6.4% and pricing of 1.2%. Growth was broad-based across most geographies, supported by early signs of recovery from out-of-home channels, improved pricing and market share gains. Foreign exchange reduced sales by 5.3% due to the continued appreciation of the Swiss franc against most currencies. Net divestitures had a negative impact of 1.0%. As a result, total reported sales increased by 1.3% to CHF 21.1 billion (3M-2020: CHF 20.8 billion). Portfolio management on track. The sale of Nestlé s regional spring water brands, purified water business and beverage delivery service in the ....
Nestlé: Nescafé and Starbucks among top performing brands Garden Gourmet, Nescafé, Starbucks and Purina PetCare fuelled organic sales growth in Europe, the Middle East and North Africa, according to Nestlé s latest full-year results, although COVID-19 hit group reported sales. The Europe zone had recorded its best organic growth in the past five years (2.9%), said Nestlé, which has just announced plans to launch a In its full-year statement for 2020, the company reported: Each region saw broad-based positive growth, with strong momentum in Russia, Germany, the UK and Israel. The Zone continued to see market share gains, led by pet food, portioned and soluble coffee, as well as vegetarian and plant-based food products. ....
Nestle FY20 Profit Down, Organic Sales Rise; Lifts Dividend; Sees Growth Ahead VEVEY (dpa-AFX) - Swiss food and beverage giant Nestle SA reported Thursday lower profit in its fiscal 2020 with weak sales. However, sales increased organically, and the company continues to expect organic sales growth in fiscal 2021 towards a mid single digit rate. For fiscal 2021, the company projects an increase in underlying earnings per share in constant currency and underlying trading operating profit margin with continued moderate improvement. For the mid-term, the company anticipates sustained mid single-digit organic sales growth and continued moderate underlying trading operating profit margin improvement. Further, Nestle said its Board of Directors will propose a dividend of 2.75 francs per share, an increase of 5 centimes, at the Annual General Meeting on April 15. The recording date of the dividend will be April 16, and payable as from April 21. ....
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