The world’s biggest food group Nestle has compensated for the decline in demand from debt-crisis-plagued industrial countries by recording strong growth in emerging markets. In a statement by the Group, the sales in the first nine months of 2012 compared to the previous year rose by 11 percent to 67.57 billion Swiss francs (EUR 55.83 billion).
The Nestlé Nutrition business contributed CHF 5.8 billion to revenue growth (+6.6%). An area that achieved particular growth in emerging markets was infant feeding. In some industrialised countries, the trading environment was mitigated as the category shrank. Also, Nestlé Health Science achieved a good result. The Nestlé Institute of Health Sciences provides the means of exploration of personalised nutrition solutions for specific disease support.
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