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N?tle has announced a 6% rise in pre-tax profits for
the first six months of 2008 to CHF7.3bn (?3.53bn).
The world?s largest food company reported sales up by
3.8% over the equivalent period last year to a new mark
of CHF53.1bn (?25.7bn), with organic sales growth of
nearly 9%.
The Food and Beverages division generated CHF49.3bn
(?23.8bn), with the European operation responsible for
CHF13.8bn (?6.7bn) of that.
?These figures build on the strong momentum gathered
from last year's milestone results,? said N?tle chief
executive Paul Bulcke, who took the helm in April.
?Nestl?s drive to become the world's recognised leader
in nutrition, health and wellness, its strong
billionaire brands and its focus on speed and discipline
in execution have allowed the company to further
accelerate its performance under difficult economic
conditions. Our Food and Beverages business will be the
key driver of [future] profitable growth.?
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