Wednesday, February 12, 2020

Nestlé FY19 Profit Rises; Organic Growth In Revenue At 3.5% - Quick Facts

Nestlé (NSRGY.PK, NSTR.L) reported that its fiscal 2019 net profit increased by 24.4% to 12.6 billion Swiss francs. Earnings per share increased by 28.0% to 4.30 francs. Net profit benefited from the sale of Nestlé Skin Health. Underlying trading operating profit increased by 4.8% to 16.3 billion francs. Underlying earnings per share increased by 11.1% in constant currency and by 9.8% on a reported basis to 4.41 francs.

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