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 Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >Lidl has published its 3rd sustainability report
Lidl Hungary’s sustainability report for the 2022/2023 business years has…
Read more >Wienerberger donated ten million forints worth of roof tiles for the construction of the Tábitha Hospice House in Törökbálint
The “Being Good is Good!” fundraising activity has been launched…
Read more >