date:Aug 11, 2014
Nestl has reported a 4.8% drop in sales to SFr43 billion (Eur35.4 billion) for the first half of 2014 as the strong Swiss Franc continued to have a substantial negative impact on the groups results. However, Nestle delivered organic sales growth of 4.7%, composed of 2.9% real internal growth and 1.8% pricing during the period.
Trading operating profit was SFr6.4 billion and the reported trading operating profit margin was 15.0% down by 10 basis points but was up by 30 basis points in constant