Swiss food giant Nestlé; has posted strong results for the first half of 2012, with net sales up by 7.5% and earnings up by 8.9% to CHF5.12bn (US$5.26bn). The firm's results were boosted by strong demand in emerging markets, as well as an admirable performance in developed markets, with the firm citing its focus on innovation as being key to maintaining growth against a difficult economic backdrop. Real internal growth (a proxy for volume growth) came in at 6.6%, which is ahead of the firm's long-term targets and puts the firm in a strong position to maintain its strong performance...
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