Thursday, February 18, 2021

Nestle FY20 Profit Down, Organic Sales Rise; Lifts Dividend; Sees Growth Ahead

Swiss food and beverage giant Nestle SA reported Thursday lower profit in its fiscal 2020 with weak sales. However, sales increased organically, and the company continues to expect organic sales growth in fiscal 2021 towards a mid single digit rate. For fiscal 2021, the company projects an increase in underlying earnings per share in constant currency.

from RTT - Earnings https://ift.tt/3u9zUxR
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