Overview

• Nestlé will eliminate about 16,000 roles over two years, including roughly 12,000 office positions and 4,000 in production and supply chain.
• The office reductions are expected to deliver around 1.0 billion francs in annual savings by end-2027, as the company raises its total savings goal to 3.0 billion francs.
• Management launched a full portfolio review and is considering a sale or partial sale of the mineral-water unit to help cut net debt of about 60 billion francs.
• Nine-month sales reached 65.87 billion francs with 3.3% organic growth, as third-quarter organic growth accelerated to 4.3% with a 2.8% price contribution.
• Investors welcomed the plan, sending the shares up roughly 7–8% in Zurich, while new CEO Philipp Navratil signaled a focus on faster volume growth.