Trademagazin > News and articles > Company and Personal News > The strong Swiss franc, decreased Nestlé's profit
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.
Related news
More related news >
Related news
The Fressnapf group opened a customer service center in Pécs
Fressnapf International Business Services Kft., a subsidiary of the German…
Read more >DHL arrived at the Hungaroring for the Formula 1® weekend with a doubled fleet of trucks powered by biofuel
DHL and Forma-1® are already in Mogyoród, the FORMA-1® HUNGARIAN…
Read more >Lidl became the customers’ favorite store
Once again, thanks to customers, Lidl Hungary received prestigious awards.…
Read more >