When is nestle fiscal year

Net divestitures decreased sales by 3. Nestle recently sold Nestle Waters brands in North America, the Yinlu peanut milk and canned rice porridge businesses in China, and the Herta charcuterie business. Pricing increased sales by 1. Double-digit growth also came in vegetarian and plant-based food items thanks to an expanding product range. The Garden Gourmet range expanded in early October through the launches of vEGGie, a plant-based alternative to eggs, and Vrimp, a plant-based seafood alternative.

Nestle Health Science experienced double-digit growth thanks to demand for consumer care products, especially vitamins, minerals and supplements.

Confectionery, supported by KitKat sales, also recorded high single-digit growth. Mid-single-digit growth came in Dairy powered by sustained demand for fortified milks, coffee creamers and ice cream.

Water reported mid-single-digit growth with strong demand in North America and emerging markets in the third quarter. Sales declined in Infant Nutrition, which was impacted negatively by lower birth rates globally and a sales decline in China. We use cookies to provide you with a better experience. Change: 0. Deal now. The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

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