Nestle Georgia company announces its total revenue

Finance Materials 6 January 2020 15:42 (UTC +04:00)
Nestle Georgia company announces its total revenue

BAKU, Azerbaijan, Jan. 6

By Tamilla Mammadova – Trend:

The total revenue of the Nestle Georgia company reached 51.1 million lari ($17.8 million) during 2018, Trend reports referring to the company.

Nestle, one of the largest global producers of food products, has recently released the financial statements of its subsidiary, Nestle Georgia.

Nestle Georgia is a wholesaler of Nestle products in the country.

The revenue of the company increased by 2.75 million lari ($962,463) in 2018 compared to 2017. In 2018, Nestle Georgia's net profit totaled 2.82 million lari ($986,963).

The total revenue of Nestle company in 2018 was $94 billion, with the Georgian market accounting for only 0.02 percent of Nestle's total revenue.

Nestle operates in 189 countries worldwide with the number of employees exceeding 330,000 people. The company owns brands such as KitKat, Nescafe, Nespresso, Nesquik and more.


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