Nestle Sees Over 50% Of Sales in Emerging Markets, FuW Reports

Nestle SA (NESN) forecasts it’ll generate more than half its sales in emerging markets in the next 7 to 8 years, Finanz & Wirtschaft reported, citing Chief Executive Officer Paul Bulcke.

The company favors organic growth over acquisitions, and will be “able” to increase profitability continuously over the next years, the Zurich-based newspaper said in an e-mailed preview of an interview to be published tomorrow.

Nestle has a “stable and predictable” dividend policy which it won’t “tamper” with, Bulcke was quoted as saying.

To contact the editor responsible for this story: Paul Verschuur at pverschuur@bloomberg.net

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