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.
http://www.theedgemalaysia.com/business-news/234684-hot-stock-nestle-rises-22-sen-despite-ta-report.html
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Tuesday 2 April 2013
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