Swiss food and drinks giant Nestle (Nestle SA) 2.3% of the income gap in the first quarter sales and Thursday confirmed that this is another year of steady growth track, despite the economic problems in some of the major markets in developed countries.
Manufacturer Nestle, Haagen-Dazs and Jenny sales of 21.9 billion Swiss francs ($ 23.48 billion) in the period from January to March from a year earlier to 20.8 billion francs. Since food commodities, such as wheat, sugar, milk and coffee buyers, Nestle company's performance can provide insight into the state of the global economy.
Nestle CEO Paul Bulcke said that in developed markets such as the U.S. and European sales continued low consumer confidence is suppressed, as the global financial uncertainty, but the company hopes to see further momentum in key emerging markets .
"New Year in Iraq began, reflects our cautious in February," Bulcke said. "We continue to expect the entire 2013 some fluctuations, but reiterated our expectations, deliver on our promises throughout the year: the top line, bottom line and capital efficiency."
Although some fluctuations look forward to the remainder of the year, Nestle reiterated its expected organic growth of 5-6%.
Bulcke said, in its largest market, European companies outperformed the market, despite the fragile economy - pet care brands and coffee is selling well, but a weak start in the frozen food and pizza, and ice cream sales lag, due to late spring.
In the United States, he said, the company is making progress, quality water brand, infant and young child nutrition and professional product is doing very well.
 



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