CIMBALI
Friday 22 November 2024
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  • La Cimbali

NESTLE – First quarter organic sales rise 4.2%, full-year outlook confirmed

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Nespresso maintained its strong growth momentum with additions to the permanent range of Grand Cru coffees, the launch of the new Inissia machine, new boutique openings and further geographic expansion.

In North America there was an encouraging early reaction from consumers to the launch of VertuoLine, a system designed to revolutionise the long-cup coffee market.

Outlook

Nestle confirms its full-year outlook: performance will be weighted to the second half, outperforming the market, with organic growth around 5% and improvements in margins, underlying earnings per share in constant currencies and capital efficiency.

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