Nestle says Q1 sales rise as demand in emerging markets offsets weakness in US, Europe
date:Apr 23, 2012
Europe.
Sales in developed countries grew 3.1 per cent, compared with a 13 per cent rise in emerging markets.
As anticipated, 2012 is already confirming itself to be a challenging year, CEO Paul Bulcke said in a sales update statement.
In many developed markets where consumer confidence is low, the trading environment is subdued whilst in most emerging markets, conditions remain dynamic and rich in growth opportunities, he said. Our past and present investments, and continuing innovation, have
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