
Nestlé announced its full-year results for 2020, reporting organic growth of 3.6 percent, the highest level in the past five years. Among the results, real internal growth (RIG) was 3.2 percent, with pricing factors contributing 0.4 percent, especially in emerging markets where pricing has improved. In the past year, the sales in Nestlé’s second-largest global market, China, was approximately RMB 44 billion yuan (USD $6.8 billion). Despite the epidemic in 2020, several Nestlé businesses grew globally. According to the financial report, the largest contributors to growth were Purina PetCare and its premium brands Purina Pro Plan, Purina ONE, and Felix. (Source: finance.sina)