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Nestlé profits beat analyst forecasts

This content was published on Aug 23, 2000 Trading profit at the canton Vaud-based multinational rose 23 per cent to SFr4.3 billion on sales of SFr39 billion, up from SFr35 billion. All the figures beat the consensus analyst forecast for the group. In a statement, Nestlé said the strong sales performance reflected the group’s emphasis on internal growth. It attributed profit growth to…