Nestl net profits decline but beats expectations

10th August 2011, Comments 0 comments VEVEY, SWITZERLAND - Swiss-based, food and drink giant Nestl SA says it has performed well in spite of a strong Swiss franc. “Nestl continued to make good progress in a period characterised by political and economic instability, natural disasters, rising raw material prices and, yes, a strong Swiss franc.” Sales reached CHF40.9 billion, down from [...]

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