Nestle Group reported first-half 2020 organic sales were up by 2.8% to 41.152 billion Swiss francs ($45.32 billion), although the impact of exchange rates and recent asset disposals pushed down growth by 9.5%. Its net profit grew by 18.3% to 5.9 billion Swiss francs ($6.44 billion), compared with 5.07 billion francs for the same period last year, the company said at the end of July.
Nestle is behind global popular brands such as KitKat, Nescafe, Nespresso, Perrier, Nesquik Cereal, Quality Street, Milo, Nestea, Maggi, and Movenpick.
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