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home / news releases / NSRGY - Nestlé Once Again Firing On All Cylinders

NSRGY - Nestlé Once Again Firing On All Cylinders

Nestle SA ADR Reg Shs Ser B
  • Nestlé just delivered its best quarter in two years with 7.7% organic sales growth for Q1-2021.
  • AOA organic market growth for FY2020 was 0.8% causing concern, but AOA organic market growth for Q1-2021 stands at 8.9%.
  • Management confirmed its 2021 outlook for a mid-single-digit-rate growth.
  • The company is still negatively impacted by exchange rates, but I argue the investor focus on real organic growth.

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Nestlé Once Again Firing On All Cylinders
Stock Information
Company Name: Nestle SA ADR Reg Shs Ser B
Stock Symbol: NSRGY
Market: OTC
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