Nestlé

The SMI closed unchanged at 14,548 points, outperforming the rest of the European market. Nestle delivered surprisingly strong Q3 numbers with higher real internal growth than expected and gained credibility, pushing the stock higher. Roche disappointed with weaker adjusted sales trends and stagnated, while Novartis, Galderma and Schindler were among the stronger names and ABB and Richemont suffered under the weaker sentiment. The Swiss franc also strengthened against the euro after turmoil in the French bond market. » More on finanzen.net

Nestlé reported organic growth of 4.0% in the third quarter 2026 (previous quarter: 3.7%) and internal real growth (RIG) of 2.8%, driven mainly by significantly higher sales volumes. Group sales for the first nine months were CHF 65.87 billion, almost unchanged from the previous year; organic growth for that period was 3.7%. Management maintained the full-year guidance of 3–4% organic growth but was cautious about raising the target range. Positive factors included a recovery in the pet food business, stronger demand for foods and snacks, and the water segment; the stock rose by around 1.5%. In addition, the Russian business will be excluded from the group accounts as of the end of September 2026. » More on finanzen.net

The EU Commission has approved the outsourcing of Nestle’s water and beverage division into a joint venture with Platinum Equity. Nestle is selling 50 percent of the business for €3 billion in cash. The Commission saw no competition concerns because the companies involved do not operate in the same or vertically related markets. » More on finanzen.net

Nestlé will increase its investments in Mexico to $2 billion, doubling the $1 billion volume announced in early 2025. The funds are to be deployed during the current government’s six-year term to support local expansion, including a new distribution center in Zumpango. Nestlé also plans measures to strengthen local coffee production between 2028 and 2030, including providing 70,000 coffee plants and support for 2,000 coffee farmers in Veracruz. » More on finanzen.net

Nestlé has signed a multiyear international marketing partnership with the North American basketball league NBA, effective from January 1, 2027, in 21 markets across four continents. The brands Milo, Nescau and Nesquik will be official partners and are to be integrated into youth programs, selected NBA events and retail promotions featuring NBA logos, sweepstakes and fan merchandise. The Philippines will follow in October 2027; financial details were not disclosed. Nestlé’s share reacted little and was last trading slightly higher. » More on finanzen.net