financetom
Business
financetom
/
Business
/
Nestle posts better-than-expected annual sales growth
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nestle posts better-than-expected annual sales growth
Feb 12, 2025 10:21 PM

LONDON, Feb 13 (Reuters) - Nestle posted a

slightly better-than-expected annual sales growth on Thursday,

as the world's biggest packaged food company raised prices for

its coffees, chocolates and pet food.

Nestle maintained its organic sales outlook for 2025 and

forecast stronger annual growth from its 2024 levels.

Organic sales, which exclude the impact of currency

movements and acquisitions, rose 2.2% in the full year ended

December 31, the maker of Maggi stock cubes and Nescafe coffee

said.

Analysts, on average, expected organic sales growth of 2.1%.

Sales decreased by 1.8% to 91.35 billion francs ($100.27

billion).

($1 = 0.9110 Swiss francs)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vaxart Gets Increased Funding for COVID-19 Pill Vaccine Study
Vaxart Gets Increased Funding for COVID-19 Pill Vaccine Study
Dec 27, 2024
11:20 AM EST, 12/27/2024 (MT Newswires) -- Vaxart ( VXRT ) said an agreement with Advanced Technology International on a COVID-19 vaccine candidate study was amended with an increase of $4.6 million in the total estimated ceiling for funding to $460.7 million. The project agreement in June covered funding for a comparative study to evaluate the company's oral pill XBB...
UnitedHealth, Amedisys Extend Merger Deadline Amid Regulatory Scrutiny
UnitedHealth, Amedisys Extend Merger Deadline Amid Regulatory Scrutiny
Dec 27, 2024
11:29 AM EST, 12/27/2024 (MT Newswires) -- UnitedHealth Group ( UNH ) and Amedisys ( AMED ) agreed to extend the deadline of their proposed merger as the deal faces scrutiny from the US Department of Justice over competition concerns. UnitedHealth ( UNH ), through its Optum subsidiary, agreed in June 2023 to acquire home health and hospice services provider...
Novartis must face claims it paid kickbacks to promote MS drug, US appeals court rules
Novartis must face claims it paid kickbacks to promote MS drug, US appeals court rules
Dec 27, 2024
NEW YORK (Reuters) - A U.S. appeals court on Friday revived a whistleblower lawsuit accusing the Swiss drugmaker Novartis of paying illegal kickbacks to doctors to induce them to promote its blockbuster multiple sclerosis drug Gilenya. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said the whistleblower Steven Camburn can try to prove that Novartis...
Data-loss prevention company Cyberhaven hit by breach, statement says
Data-loss prevention company Cyberhaven hit by breach, statement says
Dec 27, 2024
Hackers compromised an employee of the data-protection company Cyberhaven and used the worker's access to potentially steal sensitive information from the firm's users, the company said in a statement distributed to customers and reviewed by Reuters.     The hackers pushed a compromised version of Cyberhaven's Chrome browser extension to the company's users early on Wednesday, the statement said. The company urged affected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved