Nestlé tripled its profits last year

Nestlé tripled its profits in 2010 compared to a year earlier. According to the world's largest food company; 2011 will also be a very good year, despite the fact that the rising prices of raw materials will be seen in consumer prices.

Last year, the company reached 34.2 billion Swiss francs after tax profits, after the 10.43 billion of a year earlier. The turnover increased by 1.9 percent to 109.72 billion francs, the organic growth was much higher, 6.2 percent, which exceeded analysts' expectations – reports mfor.hu.