Nestle reports better-than-expected sales growth with new CEO at the helm-February 2024-www.financetom.com

Nestle reports better-than-expected sales growth with new CEO at the helm

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Nestle reports better-than-expected sales growth with new CEO at the helm

Oct 15, 2025 10:29 PM

Oct 16 (Reuters) - Nestle reported

better-than-expected sales growth and volumes on Thursday and

maintained its outlook for 2025 as the world's largest packaged

food company reported results for the first time since

appointing Philipp Navratil as CEO.

Navratil, the former head of Nespresso, replaced Laurent

Freixe, who was fired in September as chief executive over an

undisclosed relationship with a direct report.

Nestle has endured an unprecedented period of managerial

turmoil, with Chairman Paul Bulcke stepping down early to make

way for former Inditex chief Pablo Isla just two weeks after

Freixe's dismissal.

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