Nestlé sales up ten per cent
The world's largest food company, Nestlé, announced a 10.1 per cent jump in first-quarter sales to SFr21.3 billion, falling short of market expectations.
Most analysts expected the company to reach a real internal growth (RIG) – a measure that removes the effects of price changes, currency movements and acquisitions – of around four percent, rather than the actual 3.3 percent announced on Thursday.
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