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Nestlé grows more than expected in the third quarter

 Last Update: 2021-11-11
 Source: Internet
 Author: User

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Swiss "Glimpse" reported on October 20 that Nestlé announced on Wednesday that the group's growth in the third quarter exceeded expectations, with a year-on-year growth of 6.
5% and total sales growth of 4.
4%
.
In the first three quarters, the total growth rate was as high as 7.
6%, and the total sales amounted to approximately 63.
3 billion Swiss francs, outperforming its rival Danone
.

Rising prices have had a certain impact on the Nestlé Group
.
Nestlé strives to deal with issues such as rising costs and supply bottlenecks to ensure that product prices "rise in a responsible manner
.
"

In addition, Nestlé has increased its investment in pioneering, digitalization and sustainability, and boosted sales by improving product applicability and differentiation
.

Specifically, the Group's coffee and pet food category sales have increased significantly, and its Starbucks products have the fastest growth rate, with an increase of 15.
5%
.
In addition, ready-to-eat products and cooking auxiliary seasonings also achieved nearly 10% growth
.

　　Due to the good quarterly results, Nestlé raised its full-year growth target to 6-7%
.

Nestle

　　In addition, Nestlé has increased its investment in pioneering, digitalization and sustainability, and boosted sales by improving product applicability and differentiation
.

　　Due to the good quarterly results, Nestlé raised its full-year growth target to 6-7%
.

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