Nestle Group's sales in the first quarter were 21.3 billion Swiss francs, a decrease of 5.7% year-on-year.

On April 23, Nestle Group released its financial report for the first quarter of 2026, reporting sales of 21.3 billion Swiss francs, a year-on-year decrease of 5.7%. The organic growth rate was 3.5%, with the infant formula recall event causing an impact of about -90 basis points. In the Greater China region, the organic growth rate was -10.6%, with an actual internal growth rate of -10.4% and a pricing contribution rate of -0.2%, mainly due to continued adjustment of channel inventory and the impact of the infant formula recall event. Considering the escalating geopolitical uncertainties and rising macroeconomic risks, Nestle will maintain its 2026 performance guidance unchanged.