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Sales by Management Responsibilities and Geographic Area JanSep JanSep Variation Real Internal Growth 2000 1999 JanSep 2000 in CHF billion TOTAL 595 544 95 42 Food Europe 194 198 - 20 19 Americas 180 157 152 36 Asia Oceania and Africa 116 97 188 69 Other Activities 105 92 147 72 Vevey October 20 2000 As will be announced at the press conference beginning today at 1030 CET the Nestl Groups consolidated sales reached CHF 595 billion during the first nine months of 2000 up 95 percent over the period January-September 1999 This confirms the generally good perspectives for the full year 2000 At comparable structure and constant exchange rates sales growth amounts to 49 percent Cumulative real internal growth at the end of September stood at 42 percent even though the comparison basis was clearly more difficult than during the first semester As expected exchange rates had a slightly lower positive impact of 57 percent while divestitures net of acquisitions lowered the consolidated sales by 11 percent Nestl succeeded in making the necessary price adjustments amounting to 07 percent of turnover European sales were strongly affected by the divestiture of the Findus operation with annual sales of about CHF 900 million as well as by the weakening of 18 percent of the Euro against the Swiss franc Sales in the Americas benefitted from exceptionally strong performance in Mexico and a recovery in most Latin American economies Zone Asia Oceania and Africa registered continuing good
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