Nestle beats first-quarter organic sales estimates
ReutersApr 24, 2025 5:00 AM
LONDON, April 24 (Reuters) - Nestle NESN.S posted better-than-expected first-quarter organic sales growth on Thursday as the world's biggest packaged food company hiked prices for its Kit-Kat chocolate wafer bars and Nescafe coffee.
The Swiss company maintained its 2025 outlook, saying it still expects organic sales growth to improve and sees an underlying trading operating profit margin at or above 16.0%.
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