Unlike some of its competitors, notably Danone, Nestlé is showing good resistance in volatile markets due to the Covid-19 crisis.
The sales growth of the Swiss food giant accelerated in the third quarter, thanks to its diversified portfolio, in particular the good health of its coffee brands (Nespresso, Nescafé, Starbucks, Dolce Gusto, Vertuo), of food for pets (Purina, Felix) and nutrition-health, as well as the good performance of its business in the United States.
Read also:
The coffee capsule war is not weakening
Over nine months, organic revenue growth stood at 3.5%, and even 4.9% in the third quarter.
The decline in consolidated sales (- 9.4% over nine months), to 61.9 billion Swiss francs (57.6 billion euros), is explained by a change in scope due to disposals and negative currency effects.
The group has raised its growth target for 2020.
“Despite the difficulty of establishing forecasts and remaining
This article is for subscribers only.
You have 69% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
Enter your email
Already subscribed?
Log in
