Pins matching tag:"Infant Formula"

Routine checks after new equipment went into a line at Nestlé's Dutch infant-formula plant found traces of the toxin cereulide, so Nestlé recalled every batch made since - 25 batches, including NAN formula, in 16 European countries.

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.

The Paris prosecutor's public-health unit opened five investigations, for deception endangering health and endangering life, into infant formula sold by Nestlé, Lactalis, Danone, Babybio and La Marque en moins.

Nestlé grew 3.5% organically in 2025 on sales of CHF 89.5 billion, proposed a dividend of CHF 3.10 a share, up 5 centimes, and set out a focus on four businesses: Coffee, Petcare, Nutrition and Food & Snacks. It guided to around 3% to 4% organic growth in 2026.

Nestlé grew 3.5% organically in the first quarter, led by coffee, even though its infant formula recall cut about 0.9 points off growth; reported sales fell 5.7% to CHF 21.3 billion on the strong franc. It kept its 2026 guidance.

An Assemblée nationale fact-finding mission found contaminated formula stayed on sale for weeks after the alert and that five weeks passed between Nestlé's first recall and France's health crisis centre hearing of it, and made 12 recommendations.

Nestlé's first-half organic growth reached 3.6% and volumes (RIG) improved to 1.8% in the second quarter, but net profit fell 31.4% to CHF 3.5 billion on restructuring and a CHF 1.3 billion write-down of businesses it is selling. It kept its 3% to 4% growth guidance for 2026.