Vevey - Zwitserland
Nestlé three-month sales: 3.9% organic growth, 3.0% real internal growth, full-year outlook confirmed
- Sales of CHF 20.9 billion, foreign exchange impact of -2.8%
- 3.9% organic growth, 3.0% real internal growth, 0.9% pricing
- Organic growth was 2.5% in developed markets, 5.6% in emerging markets
- Full-year outlook confirmed: organic growth in line with 2015, with improvements in margins and underlying earnings per share in constant currencies, and capital efficiency
Paul Bulcke, Nestlé CEO:
“As anticipated, the first quarter continued the positive momentum in real internal growth, with softer pricing. We gained market share in the majority of our categories and businesses. The strongest performances were in Europe, in South East Asia and in Africa as well as for Nescafé, Nespresso and petcare. Our US frozen food business is progressing well. The trends seen over the last few quarters show the relevance of our investments and allow us to confirm our outlook for the year.”