Food giant Nestle posted strong results today, reporting 6.2% organic growth for the year – largely above forecasted results. In particular, growth in emerging markets came in at a strong 11.5%, which the Company’s earnings release notes “underlines the increasingly important role they will play in the future.” This is particularly notable when compared with 5.7% growth in the Americas, and 3.7% in Europe.
The Company did note that there were likely to be headwinds in 2011 from a rise in commodity prices, but that strong Emerging market demand would help offset some of the costs. For more details read here, or read Nestle’s press release here.
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