Nestlé, Vevey, Switzerland, reported today that organic growth in 2015 was 4.2% (composed of 2.2% real internal growth and 2.0% pricing). Total sales of 88.8 billion Swiss francs were down -7.4% because of the foreign exchange impact.
Organic growth was broad-based across geographies and categories: 5.8% in the Americas; 3.5% in Europe, Middle East and North Africa; and 1.9% in Asia, Oceania and sub-Saharan Africa.
In North America growth accelerated, led by the turnaround in the frozen meals business. In ice cream, Häagen-Dazs and snacks continued to drive growth with new product launches. Coffee-mate maintained its good momentum through constant innovation and renovation of flavors and packaging as well as new distribution.
Read the full press release on the Nestle site.