Global MarketsIMPORTANT
Nestle (NESN SW) Q2 (CHF): Sales 21.79bln (exp. 21.71bln), Organic Sales Growth 3.7% (exp. 3.6%), Real Internal Growth 1.8% (exp. 1.8%)
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Nestlé reported Q2 organic growth of 3.7%, beating estimates despite a sharp H1 net income decline. A new CHF 4.5bn JV with Platinum Equity will generate CHF 2.8bn in cash.
News detail
H1 2026 (CHF): Sales 43.1bln (exp. 43.1bln) Net income 3.47bln (prev. 5.07bln Y/Y) Announcements: Co. is to form a 50:50 JV with Platinum Equity to create Peranel. It assigns an enterprise value to Peranel of CHF 4.5bln, implying cash proceeds at closing for Nestlé of c. CHF 2.8bln.
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