1. Nestle
... in those two areas. Economic indicators are positive overall, even though Eastern Europe is just getting back to normal and there is a degree of uncertainty over developments in South America. In the first half of 1999, Nestlé maintained sales and increased trading profit, despite an unfavorable currency environment and a very difficult comparison with the same period of 1998 ... . The impact of a dramatic deterioration in the economies of Eastern Europe and Latin America, which began in the second half of 1998, has been offset by the Group's strong position in Asia "where many countrie...
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