Negative growth in Europe, fragile consumer demand and volatile markets marked the first quarter for Unilever but Nestlé says softer pricing helped it maintain positive growth.
Nestlé has reported a better than expected sales jump of 4.4% with sales totalling CHF 20.9bn (€20.25bn), boosted by sales of bottled water and chocolate.
Recession-hit 2009 wrecked havoc for multinationals in many sectors, but Nestle’s full year results show a company relatively unscathed and still reporting good growth rates.
