Nestlé has increased its full-year revenue and profits forecasts after seeing sales climb almost 9% during the first nine months of the year.

The Swiss food and beverage giant said today (23 October) that it now expects sales to rise by 8% on an organic basis during the whole of 2008. It also forecast an "improvement" in EBIT margin.

The guidance came as Nestlé booked an 8.9% rise in organic sales to CHF81.36bn (US$69.77bn) for the nine months to the end of September. Nestlé Waters saw sales slide 3% during the period, however.

Nestlé CEO Paul Bulcke said: "These record sales in the first 9 months reflect strong growth momentum in both the developing and the developed world."

Nestlé saw food and beverages sales rise across its three geographic "zones" - Europe, the Americas and Asia, Oceania and Africa.

For Nestlé Waters, the group said: "This performance remains unchanged from the half year and reflects the slowdown of the bottled water category in Western Europe and North America due to a combination of economic conditions and perceived environmental issues around bottled water."

Water sales grew 20% on an organic basis in emerging markets, the firm added, however.