Nestlé’s profit decreased

The world's largest food industry group, Nestlé achieved 5.071 billion Swiss francs, after tax profit in the first half of the year, which is 2.7 percent decrease compared to the same period of 2008 and it is under the expectations of analysts.

The revenue of the company in the first six months of the year was 52.27 billion Swiss francs, which is a slight decline compared to last year's 53.07 billion, or the 52.8 billion projection of the analysts.
The slight decline is explained by the management with the selling of departments and with the strong Swiss franc – report Origo after the article of Reuters.