Nestle reported its H1 results. The OG stood at 4.5% (consensus at 4.2%) with RIG at 1.7% (cons. at 2%) and pricing at 2.8% (cons. at 2.3%). The FX effect stood at -5.8%. Acquisitions and disposals contributed 1%. On a reported basis, sales were flat (CHF42.8bn). Trading operating profit stood at CHF6.43bn (in line with consensus). The trading operating margin stood at 15% (cons. at 15.1%), flat yoy and +20bp on a constant currency basis. By operating segment, the Americas and EMENA zones del
13 Aug 2015
Robust H1 in spite of Indian setback
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Robust H1 in spite of Indian setback
Nestle S.A. (NESN:PRA) | 0 0 0.2% | Mkt Cap: 236,088m
- Published:
13 Aug 2015 -
Author:
Anna Zyniewicz -
Pages:
3
Nestle reported its H1 results. The OG stood at 4.5% (consensus at 4.2%) with RIG at 1.7% (cons. at 2%) and pricing at 2.8% (cons. at 2.3%). The FX effect stood at -5.8%. Acquisitions and disposals contributed 1%. On a reported basis, sales were flat (CHF42.8bn). Trading operating profit stood at CHF6.43bn (in line with consensus). The trading operating margin stood at 15% (cons. at 15.1%), flat yoy and +20bp on a constant currency basis. By operating segment, the Americas and EMENA zones del