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The strong Swiss franc, decreased Nestlé's profit
The strengthening of Swiss franc, the thirty-year record-breaking price of coffee, sugar and cocoa have also contributed that the Swiss food group has reached more than ten percent less profit than in the first half of 2010.
The world's largest food company reached 13 percent less profits in the first half-year of 2011, than a year earlier. According to the Wednesday report of the company; the profit after tax decreased to 4.7 billion francs, compared to last year's 5.45 billion – reports origo.
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