Nestlé nine-month sales: 3.3% organic growth, 2.5% real internal growth
Nestlé SA, Vevey, achieved sales of CHF 65.5 bn, with a foreign exchange impact of - 1.7%, in the first nine months of 2016. The net result of acquisitions and divestitures impacted sales growth by - 0.6%.
According to the company, organic growth was 3.3%, composed of 2.5% real internal growth and 0.8% pricing. All geographies delivered positive growth in generally subdued trading environments: 4.8% in the Americas (AMS), 2.1% in Europe, Middle East and North Africa (EMENA), and 2.5% in Asia, Oceania and sub-Saharan Africa (AOA). Real internal growth was broad based across geographies and categories: 2.3% in AMS, 2.4% in EMENA, and 3.0% in AOA. Nestlé continued to grow both in developed markets with organic growth of 1.9% (real internal growth of 2.5%) and in emerging markets with 5.3% (real internal growth of 2.5%).
In the product group confectionery Nestlé achieved sales of CHF 5.929 bn, compared with CHF 6.152 bn in the first nine months of 2015. Organic growth was 1,6% (real internal growth of - 1,4%).