Nestlé: H1 net profit flat
(CercleFinance.com) - Nestlé reports sales of 45bn CHF for H1, down slightly (-2.
6%) from last year (46.2bn CHF).
Operating income before non-recurring items was stable at 7.3bn CHF, as was net income, group share, at 5.6bn CHF.
EPS reached 2.16 CHF (vs. 2.13 CHF a year ago).
We have returned to positive real organic growth. Volume and mix growth improved across the Group in Q2. In addition, Nestlé Health Science is recovering as expected and is gearing up for a solid H2, the group says.
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6%) from last year (46.2bn CHF).
Operating income before non-recurring items was stable at 7.3bn CHF, as was net income, group share, at 5.6bn CHF.
EPS reached 2.16 CHF (vs. 2.13 CHF a year ago).
We have returned to positive real organic growth. Volume and mix growth improved across the Group in Q2. In addition, Nestlé Health Science is recovering as expected and is gearing up for a solid H2, the group says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.