10:44 - 24.07.2025
July 24, Fineko/abc.az. Nestlé reported a 10.3% decline on net profit for the 1st half of 2025 to 5.07 billion Swiss francs.
ABC.AZ informs that sales dropped by 1.8% to 44.23 billion francs due to the strengthening of the Swiss franc.
Organic growth was 2.9%, mainly due to higher prices, while real domestic growth was weak (0.2%) and went into negative territory in the 2nd quarter.
Underlying operating profit decreased by 7.1% and margin by 90 basis points, to 16.5%, amid rising costs and investments.
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