Nestle (NSRGY.PK): net income +12% to 10.61B francs ($12B), above consensus of 10.4B francs. EPS...

|About: Nestle S.A. ADR (NSRGY)|By:, SA News Editor
Nestle (NSRGY.PK): net income +12% to 10.61B francs ($12B), above consensus of 10.4B francs. EPS +12.2% to 3.33 francs, underlying EPS +7.5% in constant currencies. Revenue +10.2% to 92.2B francs. Organic growth +5.9% vs forecasts of 6%. Declares increase in the dividend to 2.05 francs. Expects 2012 to be just as challenging as 2012; forecasts organic growth of 5-6%, improved underlying EPS in constant currency. (PR)