Nestlé expects 5-6 percent organic growth for 2008

By: trademagazin Date: 2008. 03. 14. 00:00

The company had a successful early Easter season as well as an additional sales day in February. Together, these factors have resulted in an outstanding organic growth rate for the first two months.

The Group's organic growth is off to a
very strong start in 2008. This demonstrates the benefits of Nestlé's
strategic reorientation to Nutrition, Health and Wellness. The
company expect the raw material cost pressures to abate somewhat in
the course of the year, and foresee price increases to trend lower in
the second half of 2008, resulting in a full year organic growth rate
close to the level reached in 2007.