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LONDON (Brand Republic) - Nestle, the world’s largest food company, increased its sales growth by 5% in the last three months of 2000 and enjoyed its fastest growth rate in more than a decade.

Last year Nestle increased sales 9.1% to SFR81.4bn (£33.4bn), the equivalent of a 4.4% rate in growth, breaking its own target of 4% for the first time. The increase in growth has been helped by expansion into products including bottled water, pet food and ice cream.