Nestlé reports Q3 organic growth of 4.0% amid Russian asset loss

Nestlé organic growth Russian assets real internal growth food and beverage industry

Nestlé reported third-quarter organic sales growth of 4.0%, exceeding analyst expectations of 3.4%. This growth was primarily driven by a 2.8% increase in real internal growth (volume and mix), while pricing contributed 1.1%.

The company announced it has ceased consolidating its Russian operations following the seizure of its local assets by the Russian government in September. While Nestlé remains the legal owner of the assets, it has lost operational control. This move resulted in the derecognition of approximately CHF 1.6 billion in net assets and a non-cash charge of about CHF 1.4 billion due to currency translation adjustments.

Key performance drivers included Nestlé Waters and Premium Beverages, which saw 12.3% organic growth, and strong performance in the Asia, Oceania, and Africa zone, particularly in India where Maggi noodles saw significant expansion. The company also confirmed the sale of its Vitamins, Minerals, and Supplements segment to focus on core high-performing areas. Nestlé reaffirmed its full-year 2026 organic sales growth guidance of 3% to 4%.

Entities

Anna Manz · Nestlé · Philipp Navratil · Russia · Vladimir Putin

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Sales for the first nine months totaled 65.87 billion Swiss francs. www.it-boltwise.de
[● 5 SOURCES] The company expects organic growth to be between 3% and 4%. www.grocerygazette.co.uk · businessnews.com.my · profitiraj.ba · www.checkout.ie · www.esmmagazine.com
[○ 1 SOURCE] Organic growth in the previous quarter was 3.7%. www.it-boltwise.de
[○ 1 SOURCE] Free cash flow is predicted to be higher than 8.2 billion pounds by year-end. www.grocerygazette.co.uk
[○ 1 SOURCE] Nestlé sold its Vitamins, Minerals and Supplements segment in September. www.grocerygazette.co.uk
[● 11 SOURCES] Nestlé reported 4% organic growth in the third quarter of 2026. www.it-boltwise.de · www.grocerygazette.co.uk · businessnews.com.my · financije.hr · selfservice.gr · +5 more
[● 11 SOURCES] Real internal growth (RIG) reached 2.8% in the third quarter. businessnews.com.my · financije.hr · selfservice.gr · www.it-boltwise.de · profitiraj.ba · +5 more
[● 6 SOURCES] Nestlé stopped consolidating its Russian business from the end of September. businessnews.com.my · financije.hr · profitiraj.ba · bif.rs · www.esmmagazine.com · +1 more
[● 3 SOURCES] Derecognizing Russian assets resulted in a CHF 1.6 billion impact on net assets. www.dunya.com · www.esmmagazine.com · www.upday.com
[○ 1 SOURCE] Free cash flow is predicted to be higher than £8.2 billion by year-end. www.grocerygazette.co.uk
[● 11 SOURCES] Pricing contributed 1.1% to organic growth in the third quarter. businessnews.com.my · financije.hr · selfservice.gr · www.it-boltwise.de · profitiraj.ba · +5 more