27 Jul 2017 --- Nestlé has posted weaker-than-expected first half earnings and confirmed its full-year guidance as the world's biggest food company even as sales slipped in the face of currency headwinds. Nestlé reported that half-year total reported sales were CHF 43.0 billion (-0.3 percent) (US$45 billion), reflecting the impact of net divestments (-2.3 percent, largely related to the creation of the Froneri joint venture) and foreign exchange (-0.3 percent). Organic growth was below expectations at 2.3 percent. RIG was resilient at 1.4 percent but pricing remained soft at 0.9 percent.