Nestle SA Comments On FY 2013 Guidance
Nestle SA announced that it continued growth momentum to enable the Company to deliver around 5% organic growth for fiscal 2013 together with an improvement in margins and underlying earnings per share (EPS) in constant currencies, as well as an improvement in its capital efficiency. The Company reported revenue of CHF92.186 billion and EPS of CHF3.32 in fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of CHF94.412 billion and EPS of CHF3.45 for fiscal 2013.
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