date:Jul 30, 2021
e geographies.
Net divestitures decreased sales by 3.1 percent, largely related to the divestments of Nestl Waters North America brands, the Herta charcuterie business and the Yinlu peanut milk and canned rice porridge businesses. Foreign exchange reduced sales by 3.5 percent, reflecting the appreciation of the Swiss franc versus most currencies. Total reported sales increased by 1.5 percent to CHF 41.8 billion (US$46 billion).
Nestl is transforming its global water business, sharpening its fo