The food company Nestlé has slowed the pace of growth. The Swiss grew in the final quarter of 2019 from its own strength of three percent, in prior quarters, the increases have been consistently higher.
Nestlé is growing as fast as for 2015
full-year 2019, with managed Nestlé is a Plus on its own 3.5 percent, as the group announced on Thursday in Vevey. Nestlé 90,56 GBP to +0.22 (+0,24%) Xetra
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grew To the rate of data
in order for Nestlé over the year, however, as soon as it has been since 2015. The 3.5 percent consisting of volume growth of 2.9 percent and price increases of 0.6 percent. For 2020, group Chairman Mark Schneider was cautious: You do not expect to be able to 2020, a growth in the mid single-digit percent range, he said.
Nestlé is in China as the second largest market of around eight per cent of group sales
The entire group sales rose by 1.2 percent to 92.6 billion Swiss francs (87 billion Euro). Here are good demand in the United States and Brazil helped especially. The bottom line for the past year, a profit of 12.6 billion francs, an increase of about 24 percent. The significant increase is mainly due to the sale of the skin care division. The shareholders will receive a 25 cents increase in the dividend of 2.70 francs per share.
Operationally, the maker of Nespresso coffee, Cailler chocolates and Buitoni Pasta made further progress in profitability. From the turnover of 17.6 percent remained as the adjusted operating profit left over, slightly more than in the previous year.
With views of the Coronavirus, according to Nestlé’s still too early to quantify the financial impact of the outbreak. China is the second largest market for Nestlé, about eight percent of the group revenues would be generated.
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ham/dpa
