Nestlé first-quarter sales: continuation of strong momentum

• Sales of CHF 20.3 billion, 6.4% organic growth, 4.9% real internal growth
• Growth in developed markets, double-digit growth in emerging markets
• Market share gains in all three Zones
• Full-year outlook unchanged: organic growth of 5-6% combined with margin increase in constant currencies

Paul Bulcke, Nestlé CEO: “We achieved growth in all categories in the first three months of 2011, maintaining last year’s momentum. We continue to invest for the future, particularly in R&D and consumer-facing marketing, while addressing the challenge of higher input costs by accelerating the pace of innovation as well as ensuring the appropriate balance between savings from Nestlé Continuous Excellence and pricing. In view of the strong start to the year, we are able to reconfirm our guidance for 2011 as a whole.”