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
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
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
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
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
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
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
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
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
Nestle to invest billions to cut carbon emissions Nestle said today it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years, giving details on how it wants to … Business • 03 Dec 20
Nestle sells Yinlu business in China amid cleanup Nestle has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise, a company controlled by the family … Business • 25 Nov 20
Nestle using insect protein in Purina pet food Nestle's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protein sources. Business • 05 Nov 20
Nestle raises full-year guidance after Q3 sales beats Nestle has today raised its guidance for organic sales growth to around 3% for 2020 after posting better-than-expected growth of 4.9% for the third quarter … Business • 21 Oct 20
Covid has made management more hands-on - Nestle CEO Food company Nestle said the Covid-19 pandemic has forced its senior management to become more immersed in daily operations as executives need to deal with … Business • 29 Sep 20
Nestle to buy Aimmune for $2.6 billion Nestle is offering $34.50 per share for the remaining 74.4% in peanut allergy treatment maker Aimmune Therapeutics it does not already own as it adds … Business • 31 Aug 20
Nestle launches vegan alternative to tuna Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout. Business • 02 Sep 21
Nestle sees slower growth as stockpiling eases Nestle cut its full-year underlying sales growth forecast to 2-3%, saying demand had slowed as customers worked their way through cupboards they stocked up with … Business • 30 Jul 20
