Press Release: Nestle: Nine-month sales 2025: -3-

Key organic sales growth drivers by product category for 9M-25

-- By geography, North America posted low single-digit growth, whilst Europe

and other regions delivered mid single-digit growth.

-- VMS reported low single-digit growth, as strong sales momentum in premium

brands, particularly Pure Encapsulations and Solgar, was partially offset

by the discontinuation of some private label activities and sales

declines in some mainstream and value brands.

-- Active Nutrition posted mid single-digit growth, with strong momentum for

Orgain partially offset by a weaker performance from Vital Proteins.

-- Medical Nutrition delivered mid single-digit growth, led by pediatric

care products, with strong double-digit growth in the allergy range.

Nespresso

9M-25 highlights: Nespresso delivered robust OG of 6.7%, led by pricing and with solid RIG. In North America, we increased our growth investments and delivered double-digit growth with market share gains. Vertuo continued to deliver very solid performance with positive growth across all geographies. In Western Europe, the environment remains competitive.

Q3-25 highlights: In Q3, OG was 8.5%, with 3.3% RIG and 5.3% pricing. OG was driven by the US, supported by strong impact in the quarter from the timing of innovation launches and marketing campaigns, as well as some phasing effects. In Europe, RIG trends improved in key markets such as France, Switzerland and UK & Ireland, supported by growth in e-commerce and resilience in out-of-home.

Segment performance summary for 9M-25

-- Organic growth was 6.7%, with 2.4% RIG and 4.3% pricing.

-- Reported sales growth was up versus the prior year at CHF 4.7 billion,

including a negative foreign exchange impact of 4.3%.

-- Market share gains in North America continue to increase while

stabilizing in Europe.

Key organic sales growth drivers for 9M-25

-- By geography, sales in North America grew at a double-digit rate, led by

RIG. Growth was fueled by strong innovation (limited editions, functional

coffees, double espresso formats, accessories) and effective brand

campaigns and collaborations. Europe posted positive growth, with

improving trends across key markets in Q3.

-- By system, growth was driven by Vertuo. Sales for out-of-home channels

grew mid single-digits, led by the hotels, restaurants and catering

(horeca) sector and positive machine placements.

-- Digital transformation continues to drive growth. The new mobile app is

now live in 21 markets, we have successfully launched Starbucks

direct-to-consumer in several markets, and we are expanding in e-retail

and marketplaces.

Nestlé Waters & Premium Beverages

9M-25 highlights: Performance in our waters and premium beverages business was broad-based across geographies, brands and sales channels. Growth was driven by the Maison Perrier and Sanpellegrino beverage platforms with continued innovation, as well as solid sales momentum for out-of-home channels.

Q3-25 highlights: In Q3, growth moderated slightly as cooler temperatures reduced category momentum in European markets at the end of the peak season after a strong start to the summer.

Our strategic evaluation of the business is ongoing, including exploring partnership opportunities.

Segment performance summary for 9M-25

-- Organic growth was 4.4%, with 2.0% RIG and 2.4% pricing.

-- Reported sales remained stable at CHF 2.8 billion including a negative

impact from foreign exchange of 4.8%.

-- Market share continued to improve in most markets, led by strong gains

for S.Pellegrino.

Key organic sales growth drivers for 9M-25

-- By geography, AOA posted high single-digit growth, Europe and the

Americas delivered mid single-digit growth.

-- Growth was driven by continued strong momentum in premium beverages,

driven by the international expansion of Maison Perrier and Sanpellegrino

Ciao and Zero ranges.

-- Within waters, we saw solid growth from Acqua Panna, S.Pellegrino and

Erikli, with a weaker performance from Perrier reflecting continued

supply constraints.

3. Category performance

Milk Prepared

Powdered products Nutrition dishes &

Total & liquid & ice & Health cooking

Group beverages Water cream Science aids Confectionery PetCare

Sales

9M-2025

(CHF m) 65 869 18 443 2 431 7 175 10 718 7 445 6 074 13 583

Sales

9M-2024

(CHF m) 67 148 17 952 2 474 7 648 11 313 7 826 5 920 14 015

Real

internal

growth

(RIG) 0.6% 1.2% 0.7% 0.8% 0.1% - 0.6% - 1.5% 1.6%

Pricing 2.8% 6.3% 2.7% 1.0% 0.4% 0.3% 9.6% - 0.5%

Organic

growth 3.3% 7.5% 3.4% 1.8% 0.5% - 0.4% 8.0% 1.2%

Powdered and liquid beverages continues to be the largest category growth contributor with 7.5% organic growth, led by pricing as we took actions to address input cost inflation in coffee. RIG remained positive as we saw only a limited impact from elasticity.

Confectionery organic growth of 8.0% was driven by pricing and led by KitKat. Negative RIG reflects short-term elasticity as consumers respond to the price increases.

PetCare organic growth of 1.2% reflects a general category slowdown. Growth was led by wet and dry cat partly offset by weakness in dry dog.

Milk products and Ice cream organic growth of 1.8% led by continued performance from dairy culinary brands Nestlé and La Lechera.

Water delivered organic growth of 3.4% led by good performance from Maison Perrier and S.Pellegrino.

Nutrition and Health Science recorded organic growth of 0.5% with strong performance from NAN and Orgain offset by weakness in illuma and Gerber.

Prepared dishes and cooking aids reported slightly negative organic growth of 0.4% driven by weakness in US Frozen Foods partly offset by growth in Maggi.

Annex

Third-quarter performance

Nestlé

Nestlé Waters &

Total Zone Zone Zone Health Premium Other

Group Americas AOA Europe Science Nespresso Beverages businesses

Sales

Q3-2025

(CHF m) 21 641 8 340 4 821 4 318 1 624 1 534 932 72

Sales

Q3-2024

(CHF m) 22 104 8 746 5 050 4 114 1 676 1 489 956 73

Real

internal

growth

(RIG) 1.5% 0.0% 1.5% 2.0% 5.6% 3.3% 1.4% 5.1%

Pricing 2.8% 3.4% 1.9% 3.8% - 1.0% 5.3% 2.4% 0.0%

Organic

growth 4.3% 3.4% 3.5% 5.8% 4.6% 8.5% 3.8% 5.1%

Milk Prepared

Powdered products Nutrition dishes &

Total & liquid & ice & Health cooking

Group beverages Water cream Science aids Confec-tionery PetCare

Sales

Q3-2025

(CHF m) 21 641 6 135 820 2 345 3 481 2 394 2 112 4 354

Sales

Q3-2024

(CHF m) 22 104 5 911 853 2 460 3 677 2 564 2 075 4 563

Real

internal

growth

(RIG) 1.5% 2.4% 0.2% 2.2% 1.9% 0.3% - 0.5% 1.3%

Pricing 2.8% 7.3% 2.5% 1.1% - 0.3% 0.5% 7.6% - 0.4%

Organic

growth 4.3% 9.7% 2.7% 3.3% 1.6% 0.9% 7.1% 0.9%

(END) Dow Jones Newswires

October 16, 2025 01:00 ET (05:00 GMT)