Nestle's organic growth up 4.7 percent in H1
(MENAFN) Nestle Group showed a 4.7 percent organic growth in the January-June period of this year, with total sales reaching USD47.48 billion, Saudi Gazette reported.
The group's trading operating profits reached USD7.06 billion, however, their net profit was down to USD5.07 billion, while their operating cash flow reached USD4.74 billion.
The company's growth was registered across the globe with 4.9 percent in the Americas, 1.4 percent in Europe, and 7.5 percent in Asia, Oceania and Africa.
Globally, their businesses in developed markets grew 0.6 percent, whilst in emerging markets grew 9.7 percent.
The group's trading operating profits reached USD7.06 billion, however, their net profit was down to USD5.07 billion, while their operating cash flow reached USD4.74 billion.
The company's growth was registered across the globe with 4.9 percent in the Americas, 1.4 percent in Europe, and 7.5 percent in Asia, Oceania and Africa.
Globally, their businesses in developed markets grew 0.6 percent, whilst in emerging markets grew 9.7 percent.
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