Nestlé has delivered underlying sales growth of at least 2% for over 20 years with dividends increasing every year over that timeframe too. We think the group can continue the run, although sales growth has been steady rather than spectacular in recent years. Register for updates on NestléThird Quarter Trading UpdateThe group's biggest division, Zone Americas, saw organic growth of 4.1%, with sales reaching CHF 24bn. Nestlé Waters delivered organic sales growth of 0.5%, as price improvements and Emerging Markets offset a disappointing summer season in Europe. The group continues to expect full year organic sales growth of around 3.5%, and an operating profit margin of at least 17.5%.

Source: The North Africa Journal October 17, 2019 10:18 UTC