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Pet Food News
on March 19, 2009

Nestlé's PetCare segment grew in 2008

Nestlé's 2008 annual report recorded 12% growth in its PetCare segment, according to the company.

Nestlé's  2008 annual report recorded 12% growth in its  PetCare  segment, according to the company.

Other report highlights include:

  • The EBIT margin increased 20 basis points to 15.7% of sales
  • The RIG held up, reflecting strength of brands such as Friskies, Beneful, DogChow, Gourmet and Fancy Feast
  • Purina Beneful  (considered premium food) grew 38%
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