date:Jul 30, 2021
Nestls organic growth of 8.1 percent during the first half of the year was supported by sustained momentum in retail sales, a return to growth in out-of-home channels, increased pricing and market share gains. Following these positive results, the company expects full-year organic sales growth between 5 to 6 percent in its updated full-year outlook.
The Swiss food giant reported a total sales increase of 1.5 percent, to CHF 41.8 billion (US$46 billion). Foreign exchange reduced sales by 3.5 per