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Nestlé S.A. : Nestlé first-quarter sales: 4.2% organic growth, full-year outlook confirmed

Nestlé S.A. / Nestlé S.A. : Nestlé first-quarter sales: 4.2% organic growth,
full-year outlookconfirmed . Processed and transmitted by NASDAQ OMX
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Nestlé first-quarter sales: 4.2% organic growth, full-year outlook confirmed

* Sales of CHF 20.8 billion, organic growth of 4.2%, real internal growth of
* Growth in developed markets 0.6%, emerging markets 8.5%
* Full-year outlook unchanged: organic growth around 5% and improvements in
margins, underlying earnings per share in constant currencies and capital

Paul Bulcke, Nestlé CEO: "Our organic growth in the first months of the year
was in line with expectations and driven by volume rather than price. The
continued roll-out of new products, along with good execution, sustained this
growth in difficult market conditions. We will keep up the pace of
innovation, while further strengthening support for our brands. We confirm
our outlook for the full year: performance weighted to the second half,
outperforming the market, with organic growth around 5% and improvements in
margins, underlying earnings per share in constant currencies and capital
efficiency. We expect the continued strengthening of the Swiss Franc to have
a negative impact on reported sales."

Business review

In the first quarter organic growth was 4.2%, composed of 2.6% real internal
growth and 1.6% pricing. Sales were CHF 20.8 billion, impacted by substantial
negative foreign exchange of 8.6%, and acquisitions, net of divestitures,
further reduced sales growth by 0.7%. As a result the total evolution of
sales was -5.1%.

We continued to grow in all geographies: 4.6% in the Americas, 0.3% in Europe
and 7.3% in Asia, Oceania and Africa. The developed markets grew 0.6% and the
emerging markets 8.5%.

Zone Americas

Sales of CHF 6.0 billion, 4.1% organic growth, 0.9% real internal growth

* InNorth America the market remained subdued and the severe weather
conditions had an impact across the categories. With consumer spending low,
new product launches drove performance includingDiGiorno Pizzeria,
California Pizza Kitchen Thin and Crispy ,Girl Scout flavours
forCoffee-mate, Lean Cuisine Stuffed Pretzels, and in
confectionery,Butterfinger Cups . In petcare the rollout ofLightweight
andGlade cat litters supported growth, as did the re-introduction ofWaggin'
Train .

* OverallLatin America performed well with growth in Brazil in most
categories despite the effect of the late Easter. Soluble coffee was the
highlight in Mexico, and petcare continued its strong momentum in the
region, withDog Chow andPro Plan driving market share improvements.

Zone Europe

Sales of CHF 3.5 billion, -0.8% organic growth, 0.7% real internal growth

* The Zone achieved positive volume growth in a flat retail environment,
deflationary pressures kept pricing negative. Innovation ensured we met the
expectations of consumers from popularly positioned products to super
premium.Nescafé Dolce Gusto gained market share with strong double-digit
growth, the successful roll-out ofPapyrus cooking papers continued and ice
cream, particularlyMövenpick , had a good start to the year. Confectionery
was affected by the late Easter although Russia and Spain had strong
performances. Petcare continued its momentum, withFelix andPurina ONE Dry
Cat delivering strong growth.

* InWestern Europe Spain and Portugal showed encouraging early signs of a
recovery, while France, Germany and the UK had a slower start to the year.

* InCentral and Eastern Europe while Russia continued to grow strongly the
current instability and uncertainties affected the rest of the region.

Zone Asia, Oceania and Africa

Sales of CHF 4.4 billion, 5.3% organic growth, 2.9% real internal growth

* In what remains a mixed and volatile economic environment across the Zone,
we leveraged our deep and long-standing presence in different markets and
launched new products.Nescafé 3 in 1 delivered double-digit growth for
soluble coffee, as didMilo for powdered and liquid beverages andKitKat for
confectionery.Nescafé Dolce Gusto also grew double-digit.

* In theemerging markets growth was solid. Africa, the Philippines, Pakistan
and Turkey were highlights. In the markets with weaker trading conditions
like China, India and Malaysia we gained market share in many of our

* Developed markets in the Zone also grew, especially Japan whereKitKat
andNescafé continued to perform strongly.

Nestlé Waters

Sales of CHF 1.6 billion, 6.2% organic growth, 8.1% real internal growth

* Nestlé Waters' performance was helped by sustained brand investment and the
growth of the category in the United States, due to an increased awareness
of bottled water as a healthier alternative, and in emerging markets.

* Indeveloped markets our premium brandsPerrier andS.Pellegrino supported
growth as well as our regional spring waters, in the United StatesDeer Park
,Arrowhead andOzarka , in the United KingdomBuxton, and in FranceContrex

* Growth accelerated in theemerging markets with China, Egypt and Brazil the
highlights, driven mostly byNestlé Pure Life and our strong local brands
such asErikli in Turkey.

Nestlé Nutrition

Sales of CHF 2.3 billion, 6.4% organic growth, 2.2% real internal growth

* Nestlé Nutrition achieved good growth but at a slower rate in the context
of tough comparisons. The drivers were the emerging markets, notably China
and the Middle East. Infant formula and cereals performed strongly. Our
flagship brands continued to do well, withNAN remaining a key growth driver
for infant formula, supported by innovations such as easy scoop packaging.
Our super premium offeringIlluma also drove performance. In the United
States we took a strategic decision to focus on value generation and
optimising use of our assets, exiting some contracts which had an impact on

Other activities

Sales of CHF 2.9 billion, 6.4% organic growth, 5.3% real internal growth

* The out-of-home environment continues to be soft in Western Europe and was
affected by the severe weather in North America.Nestlé Professional
delivered a good performance in most emerging markets, especially the
Middle East, Russia, and the Philippines and there was also a good recovery
in China.

* Nespresso maintained its strong growth momentum with additions to the
permanent range of Grand Cru coffees, the launch of the newInissia machine,
new boutique openings and further geographic expansion. In North America
there was an encouraging early reaction from consumers to the launch
ofVertuoLine, a system designed to revolutionise the long-cup coffee

* Nestlé Health Science had a good start to the year across all regions and
businesses even though the pressure on public sector healthcare budgets
continued to have an impact. Key brands driving growth includedBoost
,Peptamen andAlfamino .


We confirm our full-year outlook: performance will be weighted to the second
half, outperforming the market, with organic growth around 5% and
improvements in margins, underlying earnings per share in constant currencies
and capital efficiency.


Media: Robin Tickle Tel.: +41 21 924 22 00
Investors: Tel.: +41 21 924 3509


First Quarter sales overview 2014

| Jan.-Mar. 2014 Jan.-Mar. 2013 Jan.-Mar. 2014 Jan.-Mar. 2014 |
| |
| Sales Sales Organic Growth Real Internal Growth (%) |
| in CHF millions in CHF millions (%) |
| (*) |
| |
|By Operating Segment |
|· Zone Americas 6'042 6'632 +4.1 +0.9 |
|· Zone Europe 3'533 3'669 -0.8 +0.7 |
|· Zone Asia, Oceania, Africa 4'436 4'664 +5.3 +2.9 |
|Nestlé Waters 1'603 1'605 +6.2 +8.1 |
|Nestlé Nutrition 2'297 2'482 +6.4 +2.2 |
|Other 2'911 2'887 +6.4 +5.3 |
|Total Group 20'822 21'939 +4.2 +2.6 |
|By Product |
|Powdered and liquid beverages 4'771 4'914 +5.3 +5.3 |
|Water 1'499 1'501 +6.3 +8.4 |
|Milk products and ice cream 3'764 3'946 +7.9 +2.6 |
|Nutrition&HealthCare 2'758 2'929 +6.6 +3.0 |
|Prepared dishes and cooking aids 3'124 3'378 -1.8 -1.9 |
|Confectionery 2'204 2'524 -0.5 -3.3 |
|Petcare 2'702 2'747 +5.4 +4.7 |
|Total Group 20'822 21'939 +4.2 +2.6 |
(*) 2013 figures have been restated following the transfer of responsibility
for Nestea RTD businesses in the geographic Zones to Nestlé Waters effective
as from January 2014.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NA...

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