Nestle's new Ukraine plant in rare war-time investment Nestle will invest 40 million Swiss francs ($42.88m) to launch a new production facility in western Ukraine, the company has said. Business • 13 Dec 22
Nestle again nudges 2022 sales outlook higher Nestle has tweaked its 2022 sales outlook higher, the world's largest packaged food company said ahead of an investor seminar today. Business • 29 Nov 22
Nespresso to sell paper-based compostable coffee pods Nestle's Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss packaged food giant's metal ones, which despite being … Business • 21 Nov 22
Unilever leads pack on price rises Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during the … Business • 14 Nov 22
Nestle raises full-year sales guidance Nestle today reported better-than-expected nine-month sales and raised its full-year guidance as the world's largest packaged food company successfully passed on price increases to customers. Business • 19 Oct 22
Nestle revamps coffee sustainability plans Food giant Nestle has today pledged to spend over 1 billion Swiss francs ($1.01 billion) by 2030 on efforts to source coffee sustainably. Business • 04 Oct 22
Covid helps Nespresso to record Irish revenues Remote workers and "lockdown consumers" here last year helped coffee retailer, Nespresso brew up record Irish revenues. Business • 06 Sep 22
Nestle raises organic growth outlook Nestle has raised its full-year sales growth forecast to 7-8% and just slightly lowered its margin guidance after cost inflation hurt less than expected and … Business • 28 Jul 22
Baby formula makers ramp up US supplies Nestle is flying baby formula supplies to the US from the Netherlands and Switzerland to alleviate the shortage in US supermarkets, the company said today. Business • 17 May 22
Nestle confident price hikes will help it meet goals Food group Nestle has today confirmed its margin and sales growth targets for 2022 after strong price increases to cushion cost inflation helped organic sales … Business • 21 Apr 22
Nestle to suspend many products in Russia Nestle said today it will halt the sale of several non-essential products including KitKat bars and Nesquik chocolate mix in Russia, in an unprecedented move … Business • 23 Mar 22
Nestle, tobacco groups latest to pull back from Russia Nestle, Philip Morris and Imperial Brands joined the list of multinationals stepping back from Russia today as pressure mounts from consumers in the West to … Business • 09 Mar 22
Basic necessities makers face 'tradeoff' on Russia Makers of everyday staples from Pampers nappies to Dove soap are walking a fine line by continuing to sell their products in Russia, as pressure … Business • 09 Mar 22
Companies shut Ukraine operations, watch for sanctions Soft drinks bottler Coca-Cola HBC has closed its plant in Ukraine, and asked staff in the country to remain at home following Russia's invasion of … Business • 24 Feb 22
Nestlé invests €1.25bn in sustainable cocoa production Global food company Nestlé plans to invest €1.25bn by 2030 in projects to tackle child labour risks, increase farmer income and achieve full traceability in … Business • 27 Jan 22
Nestlé to pay cocoa growers to keep children in school Global food company Nestlé plans to invest €1.25 billion by 2030 in projects to tackle child labour risks, increase farmer income and achieve full traceability … Business • 27 Jan 22
Nestle raises its full year sales outlook Nestle has today raised its sales guidancey, saying it now expected full-year organic growth of 6%-7% after strong coffee sales and price hikes pushed organic … Business • 20 Oct 21
Nestle sees higher input cost inflation next year Nestle expects even higher input cost inflation in 2022 than this year, the world's biggest food group's chief financial officer has said. Business • 10 Sep 21
Nespresso says not raising coffee prices yet Nespresso, the premium coffee division controlled by Nestle, has not increased prices for its capsules yet despite a sharp increase in benchmark prices for arabica … Business • 24 Jun 21
Nestle buys vitamin maker Bountiful's main brands Nestle has bought the main brands of vitamin and supplements maker The Bountiful Company for $5.75 billion, the world's largest packaged food company said today. Business • 30 Apr 21
Coffee lovers and home bakers boost Nestle Q1 sales Food giant Nestle has today posted its strongest quarterly sales growth in 10 years, citing stronger demand for coffee, dairy and petcare products. Business • 22 Apr 21
Nestle's full year growth outshines peers Nestle wants to keep growing organic sales towards a mid-single-digit rate this year, the food giant said today, after strong demand for pet food and … Business • 18 Feb 21
Nestle to sell American water brands for $4.3 billion Nestle said today it would sell Pure Life and some other struggling North American water brands to two private equity firms for $4.3 billion, as … Business • 17 Feb 21
Fashion overtakes food on European stock markets French luxury goods group LVMH is now the biggest company on European stock markets, ahead of Swiss food giant Nestle, on the back of resilient … Business • 10 Feb 21
Nestlé's Limerick plant first on water standard The world's biggest food and beverage company, Nestlé, has become the first firm in Ireland to achieve Platinum certification under the independent Alliance for Water … Business • 09 Feb 21
