Key facts
- Nestle's third-quarter organic sales grew 4%.
- The company maintained its 2026 full-year organic sales outlook of 3% to 4%.
- Nestle deconsolidated its Russian business following Moscow's seizure of its assets.
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. 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.