Peter Brabeck-Letmathe, Chairman and CEO of Nestle speaks during an interview with Reuters at the Nestle headquarters in Vevey, Switzerland, February 25, 2005. Nestle's net profit rose to 6.72 billion ($5.78 billion) Swiss francs in 2004 despite a slight drop in sales to 86.77 billion Swiss francs, hit by higher raw material and packing costs. The world's largest food company set a 1 billion Swiss francs ($ 858.4 million) share buyback and said there could be more to come as organic growth for 2004 rose 4.5 percent and margins began improve.