Nestlé: Strong top and bottom line performance in 2009

In 2009, the Nestlé Group's sales reached CHF 107.6 bn, with organic growth of 4.1%, including real internal growth of 1.9%. According to the company foreign exchange impacted sales by -5.5% and divestitures, net of acquisitions, by -0.7%. Food and Beverages' sales reached CHF 99.8 bn, with organic growth of 3.9%, including real internal growth of 1.6%. Foreign exchange impacted Food and Beverages' sales by -5.7% and divestitures, net of acquisitions, by -0.7%.


In 2009, the organic growth of Nestlé Food and Beverages amounted to 4.8% in the Americas, 1.2% in Europe and 7.4% in Asia, Oceania and Africa. The results were broad-based across all categories and regions, combining strong top and bottom line performance. Nestlé Confectionery sales reached CHF 11.8 bn, with organic growth of 4.3% (- 1.0% real internal growth). The chocolate business grew strongly in the Americas as well as in Asia, Oceania and Africa. In Europe, Great Britain, France and Switzerland were among the better performers, whilst Russia experienced weaker results. Kit Kat once more achieved excellent results with organic growth of 7.1%, benefiting from increased brand support. Biscuits had a strong year in Latin America, with double-digit organic growth in Brazil.


http://nestle.com

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