Packaged food firm Nestle (NESN.VX) today announced improved sales figures for the first quarter, boosted by and increase in both prices and volume.
Sales rose 4.4% year on year, coming in slightly better than analyst estimates of 4.3%. Sales for the period rose 0.5% to $20.9Bln although the company notes that currency exchange rates have decreased this value by 4.5%.
Nestle (NESN.VX) still say they expect to grow sales 5% this year after 2014 proved a difficult year for food producers with sluggish growth in both developed and emerging markets.
Shares in Nestle (NESN.VX) were trading flat this morning around 77p.
Packaged food firm Nestle (NESN.VX) today announced improved sales figures for the first quarter, boosted by and increase in both prices and volume.
Sales rose 4.4% year on year, coming in slightly better than analyst estimates of 4.3%. Sales for the period rose 0.5% to $20.9Bln although the company notes that currency exchange rates have decreased this value by 4.5%.
Nestle (NESN.VX) still say they expect to grow sales 5% this year after 2014 proved a difficult year for food producers with sluggish growth in both developed and emerging markets.
Shares in Nestle (NESN.VX) were trading flat this morning around 77p.
Related Posts: