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Nestle Posts Upbeat Full-Year Earnings

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UPDATE: Nestlé Posts Lower H1 Earnings, Announces Share Buyback
Nestlé Q1 Sales Fall 5.1%

Nestle SA (OTC: NSRGY) reported better-than-expected full-year earnings.

For the year, Nestle's profit surged 12% to 10.6 billion Swiss francs, versus analysts' estimates of CHF10.5 billion.

Its sales climbed 10.2% to CHF92.2 billion, versus expectations of CHF92.11 billion.

Nestle shares closed at $70.17 yesterday.

Posted-In: profitEarnings News

 

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