Nestle Raises Full-Year Organic Growth Outlook to 6-7%

Mittwoch, 20.10.2021 07:25 von PLX

• (PLX AI) – Nestle 9-month organic growth 7.6%.
• • 9-month revenue CHF 63,300 million
• • Outlook FY organic growth 6-7%
• • Outlook FY adjusted EBIT margin 17.5%
• • Guidance reflecting initial time delays between input cost inflation and pricing, as well as the one-off integration costs related to the acquisition of The Bountiful Company's core brands
• • Beyond 2021, mid-term outlook for continued moderate margin improvement remains unchanged
• • Underlying earnings per share in constant currency and capital efficiency are expected to increase this year