Zurich, April 23, 2026 (AFP) - Nestle sales slump under strong franc but volumes recover

NAMPA / AFP

2026-04-23

Nestle, the food giant whose brands include Nespresso coffee and Perrier water, saw first-quarter sales figures slump due to the strong value of the Swiss franc and a baby formula recall, but sales volumes overall edged higher. The maker of Purina dog food, Maggi bouillon cubes, Gerber baby food and Nesquik chocolate-flavoured drinks has struggled with flagging consumer demand in key markets in recent years. Nestle shook up its management last ye......

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