SWITZERLAND: H1 sales and profit down at Nestle
By just-drinks.com editorial team | 20 August 2003
The Swiss-based food and drinks group, Nestle S.A., has reported a net profit for the first half of the current fiscal year of SF2.78 billion, down 51% from SF5.65 billion in the first half of last year. Last year's figure was boosted by a CHF3.9 billion capital gain from the partial float of its eye-care unit, Alcon Inc.
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The Swiss-based food and drinks group, Nestle S.A., has reported a net profit for the first half of the current fiscal year of SF2.78 billion, down 51% from SF5.65 billion in the first half of last year. Last year's figure was boosted by a CHF3.9 billion capital gain from the partial float of its eye-care unit, Alcon Inc.
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