Nestle's sales of milk products, ice cream increased 5.7% in 2012
The coffee and creamers businesses performed well in categories that are enjoying good growth.
In reporting 2012 results today, the Nestlé Group said growth was broad-based across all categories and geographies, with 5.9% organic growth (3.1% real internal growth and 2.8% pricing) worldwide. Sales of milk products and ice cream increased 5.7% in 2012.
In the Americas, the company reported sales of 28.9 billion Swiss francs, representing 5.2% organic growth, 0.6% real internal growth and 18.6% trading operating profit margin.
In North America, Nestle said it focused on increasing the value perception of its frozen food business, with improved recipes and nutritional profiles, a new promotional strategy and communication, whilst also prioritising the higher value segments within ice cream. The result has been generally improving share trends across our categories. Frozen was helped by innovations including DiGiorno Italian Favorites and Lean Cuisine Salad Additions.