0759 GMT - Nestle's first-quarter sales instill confidence about the potential acceleration of real internal growth--the volume of products sold--for the year, Berenberg analysts write in a note. Comments from management show that RIG acceleration drivers are higher investments, lower price increases and capacity increases in U.S. pet care, they add. There are many reasons to feel positive about RIG in upcoming quarters due to the easing weight of infant-formula recalls, diminishing comparatives in China and the normalization in sales phasing for pet food in the U.S. However, the analysts still voice caution on risks to the Swiss food and drink conglomerate from the Middle East conflict. Shares are up 0.5% to 80.41 Swiss francs. (aimee.look@wsj.com)
(END) Dow Jones Newswires
0909 GMT - Nestle's first-quarter sales instill confidence about the potential acceleration of real internal growth--the volume of products sold--for the year, analysts at Berenberg write. Comments from management show that RIG acceleration drivers are higher investments, lower price increases and capacity increase in U.S. pet care, they add. There are many reasons to feel positive about RIG in upcoming quarters, including due to the easing weight of infant formula recalls and easing comparatives in China. However, the analysts are still cautious on risks from the Middle East conflict. Shares are up 0.2% at 80.21 Swiss francs. (aimee.look@wsj.com)
(END) Dow Jones Newswires
April 24, 2026 05:10 ET (09:10 GMT)
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