Pet products performing well

Nestlé has published details of its business performance after the first three months of 2016. According to these, the food retailer has recorded organic growth of 3.9 per cent as well as real internal growth of 3 per cent.
The pet food segment showed positive development. "Our strongest performance was in Europe, Southeast Asia and Africa, and in Nescafé, Nespresso and products for pets," explained Paul Bulcke, a member of the Nestlé board.
In North America, the pet food brands Purina One and Pro Plan made an especially positive contribution. Pet products also continued to enjoy strong growth dynamics in Latin America. Steady growth in the pet products sector was also achieved in western Europe, while sales of pet food in central and eastern Europe exhibited particularly high growth.