Nestle H1 sales 45 bln Swiss francs, down 2.7% -2-
Cuts FY organic sales growth guidance to at least 3% (Il Sole 24 Ore Radiocor) - Bern, 25 Jul - Nestle said it now sees full year organic sales growth of at least 3%, compared with a previous expectation of a 4% increase, as pricing has come down faster than expected.
Underlying EPS in constant currencies is now seen rising at a mid-single digit rate from a previous guidance of a 6-10% increase.
The underlying trading operating profit margin is still seen increasing moderately.
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(RADIOCOR) 25-07-24 08:15:01 (0136) 5 NNNN