Thursday, October 16, 2014

Nestlé: Brazil has good performance in all categories of products

Nestle said in its disclosure of material sales of first nine months of this year, in Brazil, the company had "good performances" in all product categories.
The largest food company in the world reported, however, that the actual average variation in the period had a negative impact of 11.3% in revenue in Brazil.
The highlights sales in Brazil were dairy products, like milk, chocolate milk, chocolate-flavoured Nest the cookies and chocolates KitKat. The multinational States that the consumer environment in Latin America is more "soft", with variations throughout the region. The company also reported that the price had performance impact in the area, without detail.
In the region as a whole, the rations for pets such as Dog Chow and Pro Plan, helped boost sales. Globally, the currency effect reduced sales by 7.5%, leading to Nestlé to register 3% indentation in sales in the first nine months of the year compared to a year earlier, to 66.2 billion Swiss francs (US $ 70.4 billion).
The organic growth of Nestle in the world (excluding the foreign exchange impact) was 4.5%, with price adjustments of 2.2%. Emerging markets advanced 9.5%, while the growth in developed markets was only 0.5%.GKEF5Wza
Valor Economico
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