TELETRADER News
7/29, 7:21 AM (Source: TeleTrader)
more TeleTrader news

NESTLE+0.81%

114.70
Chart for: NESTLE N

Nestle sales up 1.5% to 41.75B Swiss francs in H1

Nestle S.A. stated on Thursday that its sales for the first half of fiscal 2021 amounted to 41.75 billion Swiss francs, marking a 1.5% increase compared to the same period in 2020.

The company noted its net profit gained 1.1% in the six-month period and reported earnings per share (EPS) advanced by 3.2% to 2.12 Swiss francs, while underlying EPS soared 10.5% to 2.17 Swiss francs.

The company added it expects its organic growth to amount to between 5% and 6% in full-fiscal 2021.

Breaking the News / BU