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The food group reported sales of CHF 26.3 billion (£15.9 billion) for the three-month period, with its food and beverages operations accounting for the vast majority of this figure.
At the close of trading yesterday (April 21st) shares in the firm were priced at CHF52 on the SIX Swiss Exchange stock market.
Nestle reiterated its outlook for the full year, stating organic growth across its food and drinks business will be higher than 2009, thanks to increased brand investment and efficiency programmes.
"Our strong sales performance in the first quarter confirms we are capturing opportunities in our different growth pillars, both in emerging and developed markets," remarked chief executive officer Paul Bulcke.
Nestle Food and Beverages, which owns brands including Nesquik and KitKat, saw organic growth of 5.1 per cent across Europe, 4.6 per cent in the Americas and 11.2 per cent in Asia, Oceania and Africa.
Posted by Greg Secker
