Nestlé Q3 organic growth picks up to 4%, maintains 2026 guidance
HJBC
Nestlé (NSRGY) reported 4% organic sales growth in Q3 2026, accelerating from the 3.5% reported in the first half, as real internal growth strengthened. Organic sales growth for the first nine months reached 3.7%, and the company maintained its FY outlook.
Q3 organic growth comprised real internal growth of 2.8% and pricing of 1.1%. Reported sales rose 5.2% to CHF 22.76B from CHF 21.64B a year earlier. Nine-month reported sales were CHF 65.87B, compared with CHF 65.87B in the prior-year period.
Nestlé continues to expect 2026 organic sales growth of 3% to 4%, an improved underlying trading operating profit margin compared with 2025, and free cash flow above CHF 9B.
Asia, Oceania and Africa led regional growth, with organic sales increasing 6.4% in Q3. Sales grew 3.3% in the Americas and 1.2% in Europe. India recorded 20% organic growth during the quarter.
Among product categories, Nestlé Waters & Premium Beverages posted 12.3% organic growth, while Petcare grew 5.3%, Food & Snacks increased 5.0%, and Coffee rose 3.4%. Nutrition recorded 0.3% growth.
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