Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Nestlé FY12 Profit Rises - Quick Facts

Nestlé Group (NSTR.L, NSRGY.PK) reported fiscal 2012 net profit of 10.6 billion Swiss francs; an increase of 1.1 billion francs from last year. Profit per share increased 12.2% to 3.33 francs. Underlying earnings per share in constant currencies were up 7.5%. Reported sales were up 10.2% to 92.2 billion francs. Organic growth was 5.9%, and was composed of 3.1% real internal growth and 2.8% pricing.

Nestlé Board will propose an increase in the dividend to 2.05 francs per share at the Annual General Meeting. The net dividend will be payable as from 18 April 2013. The last trading day with entitlement to receive the dividend is 12 April 2013.

Looking forward, Nestlé Group said the environment looks to be every bit as challenging in 2013 as it was in 2012. The Group expects to deliver the Nestlé Model once again in 2013: organic growth between 5% and 6% together with an improved trading operating profit margin and underlying earnings per share in constant currency, as well as improvement in capital efficiency.

Click here to receive FREE breaking news email alerts for Nestle SA and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that it swung to a second quarter loss, hurt by higher costs and expenses even as revenue surged 47%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Kraton Performance Polymers, Inc. (KRA), Wednesday reported second-quarter net income of $11.1 million or $0.33 per share, up from $3.8 million or $0.12 per share last year. Adjusted earnings improved to $0.46 per share from $0.15 per share last year. Revenues for the quarter dropped to $323.8... Organic grocer Whole Foods Market, Inc. said Wednesday after the markets closed that its third quarter profit rose 6.3% from last year, as same-store sales increased 3.9%. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell shy of analyst' forecast.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.