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Nestle sees strong 2010

Nestle sees strong 2010
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Switzerland’s Nestle is predicting higher sales growth this year.

Its 2009 results beat forecasts thanks to strong growth in North America and developing markets. Lower commodity prices also helped.

The world’s biggest food group enjoyed growth in underlying sales of 4.1 percent last year, ahead of rivals Unilever and Danone.

Net profit was just over seven billion euros.