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2021-07-29

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Nestle raises full-year guidance after H1 organic sales grow 8.1%

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This was ahead of an estimate for 7.4% growth in a company-compiled consensus.</p>\n<p>Growth accelerated to 8.6% in the second quarter, from 7.7% in the first three months of the year.</p>\n<p>Net profit rose slightly to 5.9 billion Swiss francs ($6.49 billion), also ahead of a 5.84 billion estimate in the consensus.</p>\n<p>The company based in Vevey on Lake Geneva raised its full-year guidance for organic sales growth to 5-6%, after previously aiming for growth in excess of the 3.6% achieved last year. It is targeting an underlying trading operating profit margin around 17.5% this year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nestle raises full-year guidance after H1 organic sales grow 8.1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNestle raises full-year guidance after H1 organic sales grow 8.1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-29 13:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ZURICH, July 29 (Reuters) - Food giant Nestle raised its full-year organic growth guidance to 5-6% after strong demand for coffee lifted organic sales by a better-than-expected 8.1% in the first half of the year.</p>\n<p>Food groups are grappling with surging commodity costs that are hitting margins, but Nestle, with well-known brands like Nescafe coffee or Purina pet food, may be better placed than others to offset them through price increases and efficiency gains.</p>\n<p>Peer Unilever said last week it expected cost inflation to be in the high-teens in the second half of the year.</p>\n<p>Organic sales growth at Nestle accelerated to 8.1%, from 2.6% in the year-ago period, the world's biggest food group said in a statement on Thursday. This was ahead of an estimate for 7.4% growth in a company-compiled consensus.</p>\n<p>Growth accelerated to 8.6% in the second quarter, from 7.7% in the first three months of the year.</p>\n<p>Net profit rose slightly to 5.9 billion Swiss francs ($6.49 billion), also ahead of a 5.84 billion estimate in the consensus.</p>\n<p>The company based in Vevey on Lake Geneva raised its full-year guidance for organic sales growth to 5-6%, after previously aiming for growth in excess of the 3.6% achieved last year. It is targeting an underlying trading operating profit margin around 17.5% this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NSRGY":"雀巢"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155970840","content_text":"ZURICH, July 29 (Reuters) - Food giant Nestle raised its full-year organic growth guidance to 5-6% after strong demand for coffee lifted organic sales by a better-than-expected 8.1% in the first half of the year.\nFood groups are grappling with surging commodity costs that are hitting margins, but Nestle, with well-known brands like Nescafe coffee or Purina pet food, may be better placed than others to offset them through price increases and efficiency gains.\nPeer Unilever said last week it expected cost inflation to be in the high-teens in the second half of the year.\nOrganic sales growth at Nestle accelerated to 8.1%, from 2.6% in the year-ago period, the world's biggest food group said in a statement on Thursday. This was ahead of an estimate for 7.4% growth in a company-compiled consensus.\nGrowth accelerated to 8.6% in the second quarter, from 7.7% in the first three months of the year.\nNet profit rose slightly to 5.9 billion Swiss francs ($6.49 billion), also ahead of a 5.84 billion estimate in the consensus.\nThe company based in Vevey on Lake Geneva raised its full-year guidance for organic sales growth to 5-6%, after previously aiming for growth in excess of the 3.6% achieved last year. 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