Nestlé profits over 10 billion swiss francs
Nestlé’s net profit in 2009 was 10.4 billion Swiss francs. The company expects stronger growth this year, than last year. Nestlé's sales volume increased by 4.1 percent, to 107.6 swiss francs.
The amount of profit of the Swiss giant, was lower than the 18 billion swiss francs of 2008, the base, however, contains the shares acquired in Alcon.
Nestlé’s results developed in accordance with the results of analyst expectations. The world's largest packaged food producer was affected hard by the strong franc and the recession together, in the first half of 2009 – reports Világgazdaság Online, after AP.
Related news
Related news
The BioTechUSA group was able to grow despite market challenges
The purely domestically owned BioTechUSA group has published its annual…
Read more >KOMETA has been renewed – Good food for a good life
Buona vita!, meaning good life, has become the slogan of…
Read more >MOHU supports Easter redemption with increased capacity
As the holidays approach, store traffic is expected to increase,…
Read more >