Nestlé Q3 sales rise 4% to CHF22.8 billion, beating forecasts
Third-quarter sales rose 4% to CHF22.8 billion. Real internal growth was 2.8% and pricing contributed 1.1%; analysts had expected real internal growth closer to 1.5%.
Nestlé reported third-quarter sales of CHF22.8bn (£20.7bn), up 4%. The company said 2.8% of the increase came from real internal growth, its term for volumes, while pricing contributed 1.1%. Analysts had expected real internal growth closer to 1.5%. Nestlé also owns Nescafe, Perrier, Thomy, Haagen-Dazs and Purina pet food, among other brands.