US EditionNestlé enjoys sales boost from coffee and chocolate
- Nestlé plans to partner with OFI to reduce carbon emissions and combat deforestation, supporting 25,000 farmers to transition to climate-smart farming over five years.
- The partnership aims to monitor the carbon footprint of transitioned farms until 2055, with a goal of reducing emissions by 1.5 million tonnes.
- Farmers are receiving training in sustainable agricultural techniques and are being financially incentivized to plant trees.
- Nestlé raised prices by 2.1% in the first quarter of 2025 due to soaring costs, with a 2.8% sales growth reported, primarily driven by higher prices.
27 Articles
27 Articles
KitKat maker Nestle reveals steep price hikes for coffee and chocolate
The firm raised prices by 2.1% overall in the first quarter, with double-digit hikes in some markets. KitKat and Nespresso firm Nestle has pushed through double-digit price hikes for coffee and chocolate across some markets as it faces soaring commodity costs. The Swiss firm revealed it raised prices by 2.1% overall in the first quarter to counter surging coffee bean and cocoa costs. In some markets, price increases were in the double-digits, wh…
Nestle says indirect tariff impact 'unclear'
Nestle said today the indirect impact of US tariffs was "unclear" and posted better-than-expected first-quarter organic sales growth, as the world's biggest packaged food company hiked prices for its Kit-Kat chocolate bars and Nescafe coffee.
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