March 28, 2018 / 4:14 PM / 24 days ago

Nestle publishes restated 2017 figures

ZURICH (Reuters) - Nestle (NESN.S) said it was restating its 2017 financial statements to take account of new accounting practices and the reorganisation of its infant nutrition business.

FILE PHOTO - A Nestle company logo is pictured on a bar of Milky Bar chocolate in Manchester, Britain April 25, 2017. REUTERS/Phil Noble

Under the changes, the world’s largest packaged food company’s sales for 2017 were 200 million Swiss francs lower than the previously reported figure of 89.8 billion Swiss francs (67.86 billion pounds) and were now 89.6 billion francs.

    The restated profit for 2017 was 7.51 billion francs versus the previously reported 7.54 billion francs.

    For the full release see: here

    Reporting by John Revill; Editing by Michael Shields

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