. Sales of CHF 20.3 billion, 6.4% organic growth, 4.9% real internal growth
. Growth in developed markets, double-digit growth in emerging markets
. Market share gains in all three Zones
. Full-year outlook unchanged: organic growth of 5-6% combined with margin increase in constant currencies
Paul Bulcke, Nestlé CEO: “We achieved growth in all categories in the first three months of 2011, maintaining last year’s momentum. We continue to invest for the future, particularly in R&D and consumer-facing marketing, while addressing the challenge of higher input costs by accelerating the pace of innovation as well as ensuring the appropriate balance between savings from Nestlé Continuous Excellence and pricing. In view of the strong start to the year, we are able to reconfirm our guidance for 2011 as a whole.”

Vevey, 15 April 2011 – In the first three months of 2011, sales amounted to CHF 20.3 billion, consisting of 6.4% organic growth, including 4.9% real internal growth. Sales were impacted by -9.8% from foreign exchange and by -5.9% from divestitures (mainly Alcon) net of acquisitions (mainly Kraft Pizza). For the continuing business, sales in Swiss francs were down 1.2%.

The first quarter organic sales development of +6.4% reflects strong, broad-based growth, building on the momentum in 2010. The organic growth was 4.3% in the Americas, 3.9% in Europe and 13.8% in Asia, Oceania and Africa. Developed markets grew 3%, while emerging markets achieved around 12% organic growth.

Appointments to the Nestlé Executive Board
The Board of Directors appointed Nandu Nandkishore Executive Vice President responsible for Zone Asia, Oceania, Africa and Middle East, effective 1 October 2011. He will succeed Frits van Dijk, who is retiring in September after a long and distinguished career of 41 years with Nestlé. Nandu Nandkishore, 52, currently Deputy Executive Vice President responsible for Nestlé Nutrition, acquired extensive practical business experience in a global context over his past 22 years with the Group.

The Board also appointed Kurt Schmidt Deputy Executive Vice President responsible for Nestlé Nutrition, effective 1 September 2011, in succession to Nandu Nandkishore. Kurt Schmidt, 54, currently Regional Business Head for Infant Nutrition and responsible for the coordination of Nestlé Nutrition North America, joined Nestlé as President and CEO of Gerber when that company was acquired from Novartis in 2007, having previously acquired extensive international business experience over 22 years.

The Board thanks Frits van Dijk for his valuable contribution to the Company over the years and wishes Nandu Nandkishore and Kurt Schmidt all the best in their respective new assignments.

Outlook
The first quarter of 2011 saw a number of high-impact events ranging from civil unrest and natural disasters to extreme volatility in raw material prices. Nonetheless, our strong momentum, both in organic growth and our drive for improved efficiency and effectiveness, enables us to confirm our full-year guidance: to achieve the Nestlé Model of organic growth between 5% and 6% and a margin improvement in constant currencies.