Thursday, April 19, 2012

Nestle having 'challenging' 2012

Nestle baby food

The world's biggest food group has reported rising sales but says it is having a "challenging year".

Nestle said its sales in the first three months of 2012 were 21.4bn euros ($28.1bn; £17.5bn), up 5.6% from the same period last year.

The company behind KitKat and Nespresso said that the trading environment had been subdued in many developed markets.

But it added that in most emerging markets "conditions remain dynamic and rich in growth opportunities".



Source & Image : BBC

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