• Nestlé Q2 organic sales +3.7% (beat guidance). Pricing +1.9%, volumes +1.8%. Raised full-year organic growth to 3–4%. Cited higher transport/energy costs; expects higher H2 underlying trading margin.
  • Nestlé to spin waters and premium drinks into 50:50 JV Peranel with Platinum Equity; EV €4.9bn. Nestlé to get ~€3.0bn cash; closing H1 2027, pending approvals and consultations.