Sales up 11% to CHF 67.6 billion
6.1% organic growth, 2.9% real internal growth
11.7% organic growth in emerging markets and 2.4% in developed markets
Full-year outlook confirmed: organic growth of 5% to 6%, improved margin and underlying earnings per share in constant currencies
Paul Bulcke, Nestlé CEO: "Nestlé’s growth in the first nine months is in line with our expectations. It is the result of the capabilities built over time in innovation, distribution and engaging with consumers. We delivered double-digit growth in emerging markets, where we are expanding our routes to market and enhancing our product offerings. We grew in the intensely competitive developed markets in spite of a general economic malaise and low levels of consumer confidence. Our continued momentum in real internal growth, combined with some easing of input cost pressures, allows us to confirm our full-year outlook."
Vevey, 18 October 2012
– In the first nine months of 2012, the Nestlé Group’s organic growth was 6.1%, composed of real internal growth of 2.9% and pricing of 3.2%. Foreign exchange contributed 2.2%, positive for the first time this year. Acquisitions, net of divestitures, contributed 2.7%. Total sales increased 11.0% to CHF 67.6 billion.