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Swiss Nestlé’s Sales Down by 1.8% on 1H25; Milk Products’ Growth up by 1.1%
Nestlé's sales fell by 1.8% to CHF 44.2 billion ($50.388 billion) over the first quarter of 2025, the company’s results presented on Thursday showed. Net profit was also down on the year to CHF 5.06 billion from CHF 5.64 billion in the first half of 2024. However, organic growth was up by 2.9%.
“Sales were negatively impacted by foreign exchange movements, especially in Q2, when the Swiss Franc strengthened by 10% against the dollar, and similar amounts against other currencies...