Nestle says Q1 sales rise as demand in emerging markets offsets weakness in US, Europe
date:Apr 23, 2012
the outlook for Swiss exports.
The world's biggest food and beverage maker said its organic sales growth was a robust 7.2 per cent, while real internal growth was 2.8 per cent.
Nestle said organic growth was 6.2 per cent in the Americas, 2.3 per cent in Europe and 11.4 per cent in Asia, Oceania and Africa.
The company had posted sales of 22.34 billion francs ($24.38 billion) in the first quarter of 2010.
Nestle did not comment on its bid to buy Pfizer Inc.'s infant-nutrition business for a repo
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