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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.

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.