Nestlé sees its net profit jump by 20% in 2023. The Swiss food giant nevertheless recorded a decline in its sales volume.

Negative currency effects reduced its turnover by 7.8%. For the past year, Nestlé plans to pay a dividend of 3.00 Swiss francs per share, an increase of 5 cents compared to the previous year, the company said.. The group is targeting organic growth of around 4% for the current year, it said in a press release.