Positive figures of Nestlé
Aug 24, 2009
Nestlé announced positive figures; in the section pet care they announced a turnover of CHF 6.4 billion (EUR 4.2 billion), 9.1% organic growth and 2.7% real internal growth. The EBIT margin increased by 120 basis points due to continued growth of high value-added strategic brands, together with pricing to offset input cost pressures. The global pet care business excellent performance was driven by resilient demand for key premium and super premium brands.