Central Bank of Ireland carried out review
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Nestlé SA’s global financial results, announced today, highlight the UK and Ireland as growth markets for the company in 2012 despite the tough economic environment, it said.
Nestlé SA posted a full-year net profit of 10.6 billion Swiss francs for 2012, but predicted another challenging year ahead.
Broad-based growth was recorded across all categories and regions with sales reaching 92.2 billion francs, up from 83.6 billion francs in 2011.
Meanwhile Nestlé UK and Ireland delivered growth by responding to the changing shopping habits consumers, particularly in the growing online, convenience and discounter sectors, it said.
"2012 was a strong year for Nestlé UK & Ireland," said Nestlé UK & Ireland chairman and CEO Fiona Kendrick.
"Our consumers are adapting to the tough economic climate by changing the way they shop. We have grown our business by responding to this new reality, particularly in fast growing channels such as online shopping, convenience stores and discounters, as well as the more traditional outlets."