Nestle's First Half Fiscal 2025 Results

In a recent announcement, Nestle S.A. revealed its sales figures for the first half of fiscal 2025, showing a decrease of 1.8% year-on-year to 44.2 billion Swiss francs.

Financial Performance Overview

Despite the sales dip, the Swiss multinational reported an organic growth increase to 2.9% during the same period. However, net profit saw a significant decline of 10.3% annually, settling at 5.1 billion Swiss francs. The basic earnings per share (EPS) fell by 9% to 1.97 Swiss francs, and the underlying EPS decreased by 5.4% to 2.27 Swiss francs.

CEO's Statement on Strategy and Future Plans

"We are committed to executing our strategy to accelerate performance and transform for the future. Our focus is on accelerating category growth and enhancing our market share through improved execution and increased investment, all while maintaining a relentless pursuit of efficiency," stated CEO Laurent Freixe.