Swiss food giant Nestlé has revised its full-year growth forecast (excluding the effects of exchange fluctuations and business acquisitions and sales) up to 7-8% on the 28th of July. The previous forecast was around 5%.



The full-year real operating margin forecast is around 17.0%. It was slightly reduced from the previous forecast of 17.0 to 17.5%.


The increase in sales in the first half (same as above) was 8.1%, which exceeded the market forecast of 7.4%. The price hike was successful, not as affected by inflation as expected.


Net profit fell 11.7% to CHF 5.2 billion ($ 5.42 billion). Temporary items such as depreciation and taxes had an impact. It was below the market forecast of CHF 5,815 million compiled by the company.

The real operating margin for the first half was 16.9%, down from 17.4% in the same period of the previous year. It was slightly higher than expected 16.7%.


Sales growth in the second quarter (same as above) was 8.7%, accelerating from 7.6% in the previous quarter. A 7.7% price increase contributed