Sunday, April 22, 2007

Nestle Q1 sales rise ahead of expectations

(Reuters) - ZURICH, Apr 23 - Nestle , the world's largest food company, posted a 6.4 percent increase in sales for the first quarter to 24.25 billion Swiss francs on Monday, ahead of expectations.

The group posted organic growth of 7.4 percent, also stronger than expected, as demand rose, especially in emerging markets and in Nestle's pharmaceutical division.


Read more at Reuters.com Market News

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