Sales at Nestlé have hit £69.46bn – an increase of 3.3% thanks to a drive in coffee sales.
In the full year of 2021, the group also reported vegetarian and plant-based food sales to double.
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“Our organic growth was strong, with broad-based market share gains, following disciplined execution, rapid innovation and increased digitalization,” said CEO, Mark Schneider.
“We limited the impact of exceptional cost inflation through diligent cost management and responsible pricing.”
In 2022, the group said that it expects underlying trading operating profit margin between 17% and 17.5%.
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