Nestle 2008 Q3 earnings results

Roddy Child-Villiers, Head of Investor Relations, presented Nestle's 2008 9-month sales results. Key highlights included organic growth of 8.9% for the group and food & beverage division, comfortably above the long-term target. Emerging markets achieved 16.8% organic growth. The financial position remained strong with a high credit rating and predictable cash flows. The outlook for full-year organic growth was improved to around 8%.