Nestlé Announces Q3 2025 Results and Strategic Updates

Nestlé reported 9M 2025 organic sales growth (OG) of 3.3%, with a strong Q3 OG of 4.3% and real internal growth (RIG) improving to 1.5%, driven by increased investments and pricing strategies. CEO Philipp Navratil emphasized a sharper focus on RIG-led growth, innovation, and bold resource allocation to accelerate performance.

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As part of its “Fuel for Growth” program, Nestlé will reduce global headcount by ~16,000 over two years, aiming for CHF 3.0 billion in cost savings by 2027. Despite continued challenges in Greater China, strategic investments have led to improved growth in key underperforming areas.

Looking ahead, Nestlé targets free cash flow above CHF 8 billion in 2025 and maintains its UTOP margin guidance at or above 16%, while reaffirming its commitment to long-term shareholder value.

Financial and operational highlights

Broad-based topline improvement

• 9M organic sales growth (OG) of 3.3%, with 0.6% real internal growth (RIG) and 2.8% pricing.

• OG strengthened sequentially during the period across all zones and major global businesses, led by improved RIG across all major categories.

• Q3 OG of 4.3%; RIG recovered strongly to 1.5%, driven by our growth investments and actions to manage price elasticity, helped by an easier comparison base.