Nestle posts sales, profit increases

08/11/2013 | CandyAndSnackToday.com

Nestle sales increased 5.3% in the first half of the year, and operating profit rose 6.8%. With lower-than-expected sales of $49.17 billion for the half-year due to lowered prices for price-conscious consumers, the Swiss company lowered its full-year forecast to 5% instead of 5% to 6%.

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