February 17/RTT News (United States) -- Swiss food and nutrition products giant Nestlé S.A. reported a surge in fiscal 2010 profit, helped by a significant gain from the disposal of its stake in eye care business Alcon. On a continuing operations basis, profit declined from the previous year. The company also stated that it is confident to meet its 2011 targets.
For fiscal 2010, profit attributable to shareholders was 34.23 billion Swiss francs or 10.12 Swiss francs per share, compared with 10.43 billion Swiss francs or 2.91 Swiss francs per share last year.