Q1 update: sales were up 2.3% (cons. 2%) with RIG at 1.3% and pricing of 1%. On a reported basis, sales were up 0.4% (FX:-0.4%, net M&A -1.5%). OG by division: the Americas +0.4% (cons. +2.5%, negative RIG), EMENA +1.7% (cons. +0.5%, RIG driven), AOA 4.5% (cons. +2.5%, RIG and pricing driven), Waters +3.1% (cons. 3.5%, RIG driven), Nestle Nutrition +1.1% (cons. +0.9%, pricing driven), Other Businesses +5.8% (cons. 2.4%, RIG driven). The group confirmed its FY guidance.
20 Apr 2017
Q1 backs FY guidance
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q1 backs FY guidance
Nestle S.A. (NESN:PRA) | 0 0 0.2% | Mkt Cap: 236,088m
- Published:
20 Apr 2017 -
Author:
Anna Zyniewicz -
Pages:
2
Q1 update: sales were up 2.3% (cons. 2%) with RIG at 1.3% and pricing of 1%. On a reported basis, sales were up 0.4% (FX:-0.4%, net M&A -1.5%). OG by division: the Americas +0.4% (cons. +2.5%, negative RIG), EMENA +1.7% (cons. +0.5%, RIG driven), AOA 4.5% (cons. +2.5%, RIG and pricing driven), Waters +3.1% (cons. 3.5%, RIG driven), Nestle Nutrition +1.1% (cons. +0.9%, pricing driven), Other Businesses +5.8% (cons. 2.4%, RIG driven). The group confirmed its FY guidance.