Nestle SA reported organic sales growth of 3.6% in the first half of 2026, driven by a 1.5% increase in real internal growth that accelerated from 1.2% in the first quarter to 1.8% in the second quarter, alongside pricing of 2.1%. Underlying trading operating profit margin declined 10 basis points year-on-year to 16.4%, while free cash flow improved significantly to CHF 3.4 billion and net debt fell to CHF 56.3 billion from CHF 60 billion a year ago. The company increased marketing investment to 8.9% of sales, up from 8.1% two years ago, and achieved CHF 600 million in incremental procurement and operational efficiency savings in the half. For the full year 2026, Nestle expects organic growth in the range of 3% to 4% and an improvement in underlying trading operating profit margin versus 2025.
Nestle S.A.Strong free cash flow and improved margin outlook signal financial health.