Nestlé H1 volumes strengthen but currency headwinds and higher costs hit profit
Nestlé has reported stronger real internal growth (RIG) in the second quarter of 2026, supported by coffee, food and snacks, and emerging markets. Meanwhile, currency headwinds, commodity costs, an infant formula recall, and portfolio-related charges weighed on reported sales and profit. Sales for the first six months were CHF 43.1 billion (US$52.9 billion), down 2.5% on a reported basis from CHF 44.2 billion (US$54.2 billion) a year earlier. Foreign exchange reduced sales by 6.2%, more than offsetting organic growth of 3.6% and a 0.1% contribution from net acquisitions and divestitures.Organic growth...