Analysis: Nestle to break sales record despite input prices

02/19/2008 | FLEXNEWS

Experts say Nestle is expected to continue its sales growth and strong market performance despite rising prices of input foods such as flour and milk. "We expect Nestle's high brand density to continue to increase going forward due to the strength and growth profile of its big brands," U.S. analysts said. According to a Reuters poll of analysts cited in this article, Nestle is expected to post an 11% increase in net profit amounting to $9.33 billion.

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