Nestle Reports Slowest First-Quarter Sales Growth Since 2009

February 2014
FRPT- FMCG Snapshot;2/23/2014, p14
Industry Profile
Industry Report
The article reports that the financial performance of food company Nestle SA during the first three months of 2014 shows its worst first-quarter sales growth since 2009. Topics discussed include a sales decline in Europe, the negative effect of emerging market currency depreciations on sales growth, and the impact of a later Easter in 2014 on chocolate sales. Also mentioned are Nestle's lower net revenue and the stronger Swiss franc's adverse effect on sales.


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