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Nestle says Q1 sales rise as demand in emerging markets offsets weakness in US, Europe
date:Apr 23, 2012
GENEVA - Swiss food and drinks giant Nestle SA forecast Friday that 2012 will be a challenging year but reported that first-quarter sales rose a healthy 5.6 per cent from a year earlier, fueled by strong growth in emerging markets and higher retail prices.
The maker of Nescafe, Haagen Dazs and Jenny Craig said sales amounted to 21.39 billion Swiss francs ($23.34 billion), though demand in developed markets was subdued amid global financial uncertainty in the United States its biggest market and

04/26 08:27