GCR linkedin Logo

Nestlé reports $45.6 billion in sales in first half of 2012

Nestle S.A.Nestlé S.A. published its half-year results on 9 August, reporting 6.6 per cent organic growth in sales at US$45.4 billion. 

The sales figures represented an operating profit of US$6.8 billion, with a full-year outlook of 5 to 6 per cent organic growth. 

The company's coffee products were reported as performing profitably in many regions. In the Americas, soluble coffee and confectionary were said to have contributed positively thanks to core brands such as Nescafé Momento. In Latin America Nescafé Dolca and Nescafé Dolce Gusto were said to be key growth drivers as soluble coffee products. 

Nescafé Dolce Gusto was also reported as performing well in Europe, as well as Nescafé 3-in-1 was said to be growing well above the zone's average. 

Emerging markets represented the company's strongest growth, at 12.9 per cent, compared to developed markets at 2.6 per cent. In China, Nescafé Smoovlatté ready-to-drink  were showing strong performance. Japan was reported as seeing accelerated growth thanks to Nescafé Barista and Nescafé Dolce Gusto. 

Nespresso was said to continue to deliver high double-digit growth "in a tough economic and competitive environment". Nestlé noted the launch of the limited edition Naora and the relaunched Kazaar due to popular demand. The company noted the construction of its third Nespresso factory in Switzerland to meet growing demand. 

"Our first-half performance shows the relevance of our strategic roadmap in today's new reality and demonstrates our swift and disciplined execution behind it, making the right choices at the right times," said Paul Bulcke, Nestlé CEO in a statement. "We continue to drive innovation globally, ranging from popularly positioned products to super premium offerings." 

© Copyright 2020 Prime Creative Media Pty Ltd. All rights reserved.

ABN: 51 127 239 212

X