My Worst And Best Friend Essay, Research Paper
Gross saless by Management Responsibilities and Geographic Area
Jan. ? Sep.
Jan. ? Sep.
Variation
Real Internal Growth
2000
1999
Jan. ? Sep. 2000
in CHF billion
%
%
Sum
59.5
54.4
+ 9.5
4.2
Food
? Europe
19.4
19.8
& # 8211 ; 2.0
1.9
? United states
18.0
15.7
+ 15.2
3.6
? Asia, Oceania
and Africa
11.6
9.7
+ 18.8
6.9
Other Activities
10.5
9.2
+ 14.7
7.2
Vevey, October 20, 2000? As will be announced at the imperativeness conference get downing today at 10:30 ( CET ) , the Nestl? Group & # 8217 ; s consolidated gross revenues reached CHF 59.5 billion during the first nine months of 2000, up 9.5 per centum over the period January-September 1999. This confirms the by and large good positions for the full twelvemonth 2000. At comparable construction and changeless exchange rates, gross revenues growing sums to 4.9 per centum.
Accumulative existent internal growing at the terminal of September stood at 4.2 per centum, even though the comparison footing was clearly more hard than during the first semester. As expected, exchange rates had a somewhat lower positive impact of 5.7 per centum, while divestitures, cyberspace of acquisitions, lowered the amalgamate gross revenues by 1.1 per centum. Nestl? succeeded in doing the necessary monetary value accommodations amounting to 0.7 per centum of turnover.
European gross revenues were strongly affected by the divestiture of the Findus operation ( with one-year gross revenues of about CHF 900 million ) , every bit good as B
y the weakening of? 1.8 per centum of the Euro against the Swiss franc. Gross saless in the Americas benefitted from exceptionally strong public presentation in Mexico and a recovery in most Latin American economic systems. Zone Asia, Oceania and Africa registered go oning good growing in virtually all countries.
Gross saless by Product Group
Jan. ? Sep.
Jan. ? Sep.
Variation
Real Internal Growth
2000
1999
Jan. ? Sep. 2000
in CHF billion
%
%
Beverages
16.9
15.3
+ 10.9
5.4
Milk/Nutrition
16.2
14.5
+ 11.4
2.9
Culinary
15.3
14.6
+ 5.0
4.1
Chocolate/
Confectionery
7.6
7.0
+ 7.7
1.3
Drug company
3.5
3.0
+ 19.7
7.7
Most merchandise groups performed good, with particularly strong growing in soluble javas in Eastern Europe, Asia and Latin America. The H2O concern besides grew strongly, notwithstanding inauspicious environmental impacts ( upwind conditions in Europe and forest fires in the US ) . In the culinary sector, chilled merchandises and frozen prepared dishes developed satisfactorily. Milks and nutrition saw good advancement, chiefly as a consequence of infant nutrition gross revenues in Asia and of the powdery milk concern. Chocolate and confectionery showed a welcome betterment, thanks chiefly to Eastern Europe. Pharmaceuticals besides experienced strong growing.
Based on the figures available at this clip, Nestl? is confident of its ability to keep a good growing rate both in gross revenues and in net incomes for the full twelvemonth 2000.
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