Nestlé: organic and real internal growth broad-based

According to the company, organic growth was 3.2%, with real internal growth reaching a three-year high of 2.4%. Pricing was limited at 0.8%, with some improvement in the second half of the year. Pricing is expected to improve further for the full year 2017. Organic and real internal growth were broad-based, highlighting the strength and resilience of the diversified portfolio.

Trading operating profit was CHF 13.7 bn with a margin of 15.3%, up 20 basis points on a reported basis and up 30 basis points in constant currency. Net profit of CHF 8.5 bn was impacted by several items, the largest one being a one-off non-cash adjustment to deferred taxes.

Nestlé`s product group confectionery achieved sales of CHF 8.679 bn in 2016. Organic growth was 1.8%. The trading operating profit margin in this category was 13.7% (- 30 basis points).