Nestle sees 'robust' growth this year, after profit falls in 2022
Nestle SA on Thursday said that net profit fell in 2022 despite sales rising on higher pricing and set out guidance for the current year.
Sales increased to CHF94.42 billion in the year from CHF87.09 billion previously. Organic growth reached 8.3%, with real internal growth of 0.1%. Pricing increased as the company aimed to offset significant cost inflation, Nestle said.
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