Nestle reports FY18 reported EUS CHF3.36 vs. last year
Underlying EPS increased by 13.9% in constant currency and by 13.1% on a reported basis to CHF 4.02. Total reported sales increased by 2.1% to CHF 91.4 billion from CHF 89.6 billion. Net acquisitions increased sales by 0.3%. Foreign exchange had a negative impact of 3.2%. Mark Schneider, Nestle CEO, said: "We are pleased with our progress in 2018. All financial performance metrics improved significantly and we saw revived growth in our two largest markets, the United States and China, as well as in our infant nutrition business. Nestle keeps investing in future growth and - at the same time - has increased the amount of cash returned to shareholders through our dividend and share buyback program... We are on our way to meeting our 2020 targets and positioning Nestle for sustained and sustainable growth in the years beyond."