Tuesday, 2 April 2013

Hot Stock - Nestle

Nestle's 3 year profit before tax compound annual growth rate to grow by 16.1% in financial year 2013.

Domestic consumption, which makes up an estimated 75% of sales, is expected to remain buoyant driving this growth.

There would be higher capital expenditure to help boost beverage and confectionery segments in 2013.

Sales are estimated to grow by 6% and 15% respectively for both these segments.

Cautious outlook on escalating raw material prices especially for cocoa butter and milk solids.


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