Nestlé Reports Q3 Sales of CHF 22.8B, Organic Growth of 4.0%
Nestlé said RIG was 2.8%, pricing added 1.1% and FX added 1.5%. It agreed to divest its mainstream VMS business for $1.0B and deconsolidated Russia after external administration, derecognizing about CHF 1.6B in net assets.
Nestlé S.A. posted Q3-26 sales of CHF 22.8B, with organic growth at 4.0%. Real internal growth was 2.8% and pricing contributed 1.1%; foreign exchange added 1.5%. The company agreed to sell its mainstream VMS business for $1.0B.
Following external administration, Nestlé deconsolidated Russia and derecognized ~CHF 1.6B in net assets.