Vevey, April 19, 2018
Nestlé reports three-month sales for 2018
- Organic growth of 2.8%, with 2.6% real internal growth (RIG) and pricing of 0.2%.
- Total sales increased by 1.4% on a reported basis to CHF 21.3 billion (3M-2017: CHF 21.0 billion). Net acquisitions had a positive impact of 0.2% and foreign exchange reduced sales by 1.6%.
- Portfolio management strategy on track. The acquisition of Atrium Innovations was completed at the beginning of March and the sale of the U.S. confectionery business completed at the end of March. Agreements reached to acquire Terrafertil and to divest the waters business in Brazil.
- Full-year guidance for 2018 confirmed.