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Nestlé AGM Re-elects Pablo Isla as Chair and Adds Thomas Jordan
CONFIRMED82% CONFIDENCE161 days agoStated as firm: Nestlé's release "Nestlé releases the results from its 159th Annual General Meeting" is dated 16 April 2026 and reports the meeting held that day at the SwissTech Convention Center in Lausanne; the February board release had set the AGM for April 16, 2026.[1]At its 159th Annual General Meeting in Lausanne, Nestlé's shareholders re-elected Pablo Isla as Chair and elected former Swiss National Bank chairman Thomas Jordan and P&G executive Fama Francisco to the board. They also approved a CHF 3.10 dividend, the 30th consecutive increase.0.75Nestlé to Cut About 16,000 Jobs Over Two Years
CONFIRMED88% CONFIDENCE343 days agoStated as firm: Nestlé's nine-month sales release (Vevey, 16 October 2025) announces a "planned global headcount reduction of c. 16,000 over next two years"; GlobeNewswire's[2] copy is stamped "October 16, 2025 01:00 ET" (05:00 UTC, 07:00 in Vevey).New CEO Philipp Navratil set out a global headcount reduction of about 16,000 - some 12,000 white-collar roles and 4,000 in manufacturing and supply chain - and raised Nestlé's Fuel for Growth savings target to CHF 3.0 billion by the end of 2027. The shares jumped more than 8%.0.65Nestlé Fires CEO Laurent Freixe, Names Nespresso's Philipp Navratil CEO
CONFIRMED88% CONFIDENCE1.1 years agoStated as firm: Nestlé's ad hoc release, Vevey 1 September 2025, announces Navratil's appointment "following the dismissal of Laurent Freixe with immediate effect"; GlobeNewswire's[1] copy is stamped "September 01, 2025 13:00 ET" (17:00 UTC, 19:00 in Vevey).Nestlé's board dismissed Laurent Freixe with immediate effect after an investigation found an undisclosed romantic relationship with a direct subordinate, one year into his tenure. Nespresso chief Philipp Navratil, a Nestlé lifer who joined as an internal auditor in 2001, took over as CEO.0.64Deadline for Nestlé's 16,000 Job Cuts and CHF 3 Billion Savings
ESTIMATED69% CONFIDENCEin 1.3 yearsA target, not a fixed date: Nestlé's full-year 2025 release (19 February 2026) says "In Q4 2025, we announced an acceleration of planned global headcount reductions to c. 16,000 by the end of 2027" and keeps the savings goal of "CHF 3.0 billion by the end of 2027"; a year-end target takes its last day.[1]Nestlé aims to finish cutting about 16,000 jobs and reach CHF 3.0 billion of Fuel for Growth cost savings by the end of 2027. By mid-2026 it reported CHF 1.7 billion of savings delivered.0.60Nestlé Hands Its Diósgyőr Chocolate Factory to Vimpex
Negyedik utca, Vasgyári újtelep, Újdiósgyőr, Miskolc, Miskolci járás, Borsod-Abaúj-Zemplén, North Hungary, Great Plain and North, 3533, HungaryNestlé
SCHEDULED79% CONFIDENCEin 99 daysGiven as scheduled: Nestlé Hungária's release of 11 September 2026 says "2027. január 1-jétől a Vimpex cégcsoport ... folytatja tovább az édességgyártást a diósgyőri üzemben" (from 1 January 2027 the Vimpex group continues confectionery production at the Diósgyőr plant), Nestlé having said it ends production there in December 2026.[1]Nestlé stops making hollow chocolate figures at its 220-worker Diósgyőr plant in Miskolc at the end of 2026, and Hungarian food wholesaler Vimpex takes the factory over from 1 January 2027, keeping at least a third of the staff.0.60Nestlé and Platinum Equity Agree to Form Peranel Waters Joint Venture
CONFIRMED84% CONFIDENCE63 days agoNestlé's release is datelined "Vevey, Switzerland – July 23, 2026" and its half-year release says "On July 23, 2026, Nestlé and Platinum Equity[4] announced a plan to create Peranel"; Just Drinks[6] reports it was "issued alongside Nestlé's first-half results", and Platinum Equity's PR Newswire copy is stamped "Jul 23, 2026, 01:05 ET" (05:05 UTC), i.e. the 07:00 CEST results release.Nestlé will put S.Pellegrino, Perrier, Acqua Panna, Nestlé Pure Life and its other waters and premium beverages into Peranel, a 50:50 joint venture with Platinum Equity valued at EUR 4.9 billion. Nestlé expects about EUR 3.0 billion in cash at closing, due in the first half of 2027.€4.9B0.60Nestlé and Platinum Equity Close the Peranel Waters Deal
ESTIMATED75% CONFIDENCEin 279 daysNestlé's half-year release says the transaction "is expected to close in H1 2027" with "net cash proceeds of approximately CHF 2.8 billion expected in H1 2027", and Platinum Equity[3] says "expected to close by the first half of 2027"; the span's last day, 30 June 2027, is used as an estimate.Expected completion of the deal that moves S.Pellegrino, Perrier, Acqua Panna and Nestlé's other waters into Peranel, a 50:50 joint venture with Platinum Equity, paying Nestlé about EUR 3.0 billion (CHF 2.8 billion) in cash. Closing still needs employee consultations and regulatory approvals.€4.9B0.59Nestlé Agrees to Sell Blue Bottle Coffee to Centurium Capital
CONFIRMED84% CONFIDENCE154 days agoNestlé's ad hoc 'Three-month sales 2026' release, datelined "Vevey, 23 April 2026", states "Nestlé has agreed the sale of Blue Bottle Coffee to Centurium Capital. The transaction is subject to the customary conditions and is expected to close during H1-26"; Daily Coffee News[4] calls this "the first direct confirmation from any of the companies involved that a sales agreement was reached".Nestlé agreed to sell Blue Bottle Coffee, bought in 2017, to Centurium Capital, the biggest shareholder of China's Luckin Coffee, with the deal expected to close in the first half of 2026. The sale covers Blue Bottle's more than 100 cafes and most of its packaged-coffee business; Nestlé keeps the Blue Bottle Nespresso pods.0.59Nestlé Extends Its Infant Formula Recall Worldwide Over Tainted ARA Oil
CONFIRMED84% CONFIDENCE262 days agoNestlé's sequence of events: 'As of 2 January 2026, we began notifying the authorities progressively in the affected countries and, as a precaution, initiated the voluntary public recall as from 5 January 2026'; Ireland's FSAI[6] notice is dated Monday 05 January 2026.After tracing the toxin cereulide to arachidonic acid (ARA) oil from a global supplier, Nestlé began recalling SMA, BEBA, NAN, Alfamino and Guigoz batches country by country from 5 January 2026, in more than 60 countries.0.58Nestlé Nine-Month Sales 2025: Q3 Growth Hits 4.3%, Savings Goal Raised
CONFIRMED88% CONFIDENCE343 days agoStated as firm: the GlobeNewswire[1] copy of Nestlé's ad hoc announcement is stamped "October 16, 2025 01:00 ET" (07:00 CEST in Vevey, 05:00 UTC) and datelined "Vevey, October 16, 2025", with the call at "09:30 CEST".In Philipp Navratil's first results as CEO, Nestlé's third-quarter organic growth rose to 4.3% with volumes (RIG) back up 1.5%, and it raised its cost-savings target to CHF 3.0 billion by 2027, including about 16,000 job cuts over two years. The shares closed 9.3% higher.0.58Nestlé Reports Nine-Month Sales 2026
SCHEDULED81% CONFIDENCEin 28 daysScheduled per the Shareholder information page of Nestlé's Half-Year Report 2026: "October 22, 2026 - 2026 nine-months sales figures"; the hour is estimated from the pattern of Nestlé's results releases, each stamped "01:00 ET" (07:00 in Vevey), which on 22 October (CEST) is 05:00 UTC.[1]Nestlé publishes its January-September 2026 sales, the first update since it kept its 3% to 4% organic growth guidance in July and agreed the Peranel waters joint venture. Last year's nine-month release brought a 4.3% third quarter and about 16,000 job cuts.0.57Nestlé H1 2025 Results: 2.9% Organic Growth, 2025 Guidance Maintained
CONFIRMED89% CONFIDENCE1.2 years agoStated as firm: the GlobeNewswire[1] copy of Nestlé's ad hoc announcement is stamped "July 24, 2025 01:00 ET" (07:00 CEST in Vevey, 05:00 UTC) and datelined "Vevey, 24 July 2025", with the analyst call at "09:00 CEST".Nestlé's first-half organic growth was 2.9%, almost all of it from pricing with real internal growth of just 0.2%, while reported sales fell 1.8% to CHF 44.2 billion on the strong franc. CEO Laurent Freixe kept 2025 guidance, including an underlying trading margin at or above 16.0%.0.57
