While foreign exchange trends were unfavourable, they were offset by efficient raw material sourcing, production gains, lower depreciation, and reduced SG&A expenses.
SWITZERLAND – Nestle has reported sales of US$27.05 billion (CHF 21.3 billion), a 5.7% year-on-year decrease in Q1 FY 2026, led by the infant formula…
Oliver Banz will serve as interim CEO until Tichelli officially assumes his position.
The facility will provide hands-on technical support to help brands develop market-ready food and nutrition formulations in bakery, savoury, dairy, beverage, and broader nutrition markets.
With no artificial flavours, it delivers a pure, creamy taste, allowing consumers to enjoy the authentic flavours of ripe bananas and juicy strawberries.