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Nestlé starts year by (slightly) exceeding expectations

First quarter with sales up 5.6%

First quarter 2023 "slightly better than expected" for Nestlé, thanks to price increases that offset weakness in sales volumes. The Swiss company said sales rose 5.6% to 23.5 billion Swiss francs or more than 24.01 billion Euros in the quarter ended March 31, beating analysts' consensus average estimates of 23.27 billion francs. Organic growth reached 9.3 percent, with broad contributions across all...

fc - 31025

EFA News - European Food Agency
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