Nestle sees strong growth in Asia


  • Business
  • Wednesday, 09 Jul 2003

NESTLE S.A, the world’s largest food company, sees strong growth potential in the Asia, Oceania and Africa (AOA) zone, according to its assistant regional manager for the zone, Dominique Peterhans. 

“Despite AOA accounting for only 16% (or 14.9 billion Swiss francs) of Nestle’s global turnover, we have 72% of the world population there, which means we expect a lot of growth coming from the zone in the future,” he told Malaysian journalists at Nestle’s headquaters here on Monday. 

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