Swiss food and nutrition products giant Nestle S.A. (NSRGY.PK,NSTR.L) announced a 5.4% growth in first-quarter sales to 21.9 billion Swiss francs, with an organic growth of 4.3%, comprising 2.3% real internal growth and 2.0% pricing. According to the company, acquisitions, net of divestitures, added 2.0% to sales, while foreign exchange had an impact of -0.9%.
Nestle's three geographies contributed to the quarterly organic growth, which builds on the 7.2% organic growth achieved in the first quarter of 2012, with the Americas growing by 5.1%, Europe by 1.0% and Asia, Oceania and Africa by 6.1%. The company's business advanced 8.4% in emerging markets, 0.9% in developed markets, reflecting contrasting trading conditions across different regions.
For 2013, the company still sees some volatility throughout the year, yet reaffirms its expectation to deliver the Nestlé Model once again in 2013: organic growth between 5% and 6% along with an improved trading operating profit margin and underlying earnings per share in constant currency, and improvement in its capital efficiency.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.