Nestle Bangladesh launches NIDO 5+ to boost nutrition in school-going children

BANGLADESH – Nestle Bangladesh, a regional operator of the giant Nestle company, has introduced NIDO School Age 5+, designed to boost nutrition in children above 5 years.

The company stated that NIDO School Age 5+ provides the nourishment for children above 5 years old & need to stay active, engaged, and ready to learn every day. 

The new product contains 20 essential nutrients for overall learning & development, iron & vitamin B12 that are essential for focus & memory, vitamin A that maintains healthy vision, iron, vitamin B12, B2 & C that help to be energised & reduce fatigue and high-quality ingredients sourced from New Zealand.

Deepal Abeywickrema, Chairman and Managing Director at Nestlé Bangladesh, stated that the formulation promotes gut health and cognitive development, contributing to a healthier and happier generation in Bangladeshi society.

The product was unveiled by His Excellency Mr. Reto Renggli, Ambassador of Switzerland to Bangladesh, as the Chief Guest.

“Switzerland is proud to be home to multinational companies like Nestlé, which are major investors in Bangladesh, providing employment, Swiss-quality products and services, while contributing to the Bangladesh Success Story,” he stated.

Nestlé reports sales growth of 2.8% in its Q1 2025

The new launch comes after the global company Nestle released its financial report Q1 2025. There was a robust 2.8% organic revenue growth for the first quarter of 2025, outperforming analysts’ expectations of 2.6%, as reported by the company’s latest quarterly statement. 

The growth was driven by a combination of price increases and modest volume gains, reinforcing Nestlé’s strong market position.

From January to March, Nestlé’s total revenue climbed to US$27.33 billion, up from US$26.69 billion in the same period last year. 

A 2.1% average price increase across its diverse product range was the primary catalyst, complemented by a 0.7% rise in sales volume. 

“Our ability to balance pricing and volume growth reflects the strength of our brands and trust from consumers,” said Nestlé CEO Mark Schneider.

The company’s shares edged up 0.2% on the Swiss stock exchange following the announcement, with its market capitalisation rising 16.7% to US$224.7 billion since January, far outpacing the 1.8% growth of the SMI index.

Nestlé reaffirmed its 2025 outlook, projecting sustained organic revenue growth and profitability of at least 16%. 

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