nestle net profits plunge 39 in 2015
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Nestle net profits plunge 39% in 2015

Arab Today, arab today

Arab Today, arab today Nestle net profits plunge 39% in 2015

Vevey economy
Vevey - Arab Today

Swiss food giant Nestle said Thursday its net profits had plunged by a lower than expected 39 percent last year due to a strong Swiss franc.

Net profit stood at 9.1 billion Swiss francs, lower than the 9.8 billion Swiss francs (8.2 billion euros, $ 9.1 billion) forecast by analysts.  

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