Organic growth of Nestlé reached 8.5% in the first 9 months of 2022. Pricing was 7.5%, reflecting significant cost inflation. Real internal growth (RIG) was resilient at 1.0%. Organic growth was broad-based across most geographies and categories. Total reported sales increased by 9.2% to CHF 69.1 billion (9M-2021: CHF 63.3 billion). Net acquisitions had a positive impact of 1.2%. Foreign exchange decreased sales by 0.6%.
For the full year 2022 Nestlé now expects organic sales growth around 8%. The underlying trading operating profit margin is expected around 17.0%.
