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Nestle third quarter organic sales beat forecast, deconsolidates Russian business

Marcus Chen
Managing Editor · Thursday, October 22, 2026 at 5:09 AM · 1 min read
Nestle third quarter organic sales beat forecast, deconsolidates Russian business — KFGO, Garland Business news
Image: KFGO

By Alexander Marrow LONDON, Oct 22 (Reuters) Nestle reported ​better than ‌expected organic sales growth for the third quarter ‌on ​Thursday ⁠and said ⁠it had deconsolidated its Russian business after Moscow ​seized control of Nestle s ⁠Russian ⁠assets last month. Nestle, ​the maker of ​Maggi stock cubes ‌and Nescafe coffee, maintained its outlook for ⁠2026 of full-year organic sales in ⁠the ‌range of ⁠3% to ​4% ‌and recorded a ​4% ⁠uptick in quarterly organic sales. (Reporting by Alexander MarrowEditing by Dave ​Graham)

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