Nestle Waters organic sales for the first nine months to September rose by 5.8%

October 20, 2012

Nestlé, the world's largest food company, announced this week its results for the nine months ending September 30, 2012.

In the first nine months of 2012, the Nestlé Group's organic growth was 6.1%, composed of real internal growth of 2.9% and pricing of 3.2%. Foreign exchange contributed 2.2%, positive for the first time this year. Acquisitions, net of divestitures, contributed 2.7%. Total sales increased 11.0% to CHF 67.6 billion.

Paul Bulcke, Nestlé CEO: “Nestlé’s growth in the first nine months is in line with our expectations. It is the result of the capabilities built over time in innovation, distribution and engaging with consumers. We delivered double-digit growth in emerging markets, where we are expanding our routes to market and enhancing our product offerings. We grew in the intensely competitive developed markets in spite of a general economic malaise and low levels of consumer confidence. Our continued momentum in real internal growth, combined with some easing of input cost pressures, allows us to confirm our full-year outlook.”

Nestle Waters

For its water division, Nestle reported sales of CHF 5.6 billion, organic growth of 5.8% and real internal growth of 4.0%

All regions grew, with North America and the emerging markets the key drivers.

In North America Nestle continued to see dynamic growth in the premium waters Perrier and S.Pellegrino, as well as in the value brand Nestlé Pure Life. Among the regional brands, Poland Spring and Ice Mountain were highlights.

Nestle added that Growth in Europe was good in the third quarter, particularly in France, the UK, Poland and Hungary. Vittel, Buxton, Perrier and S.Pellegrino were key contributors

The emerging markets grew double-digit, with high levels of growth across many markets. Nestlé Pure Life, as well as local brands such as La Vie, Erikli and Al Manhal performed well.

Directly released from Nestle