GENEVA: Nestle, the world’s biggest food and drink company, posted a 4 percent rise in sales for the first nine months of 2013, mainly thanks to demand from emerging markets.
The maker of Nescafe, Jenny Craig and Haagen-Dazs said it had sales of 68.4bn Swiss francs ($74.5bn) through September, up from a restated 65.7bn Swiss francs during the same period in 2012.
“Our real internal growth has regained momentum and is broad-based across categories, price points and geographies. Most notably, Europe continues to grow and Asia and Africa have picked up speed,” Chief Executive Paul Bulcke said. The company said it expects sales to grow around 5 percent for the full year. AP