雀巢集团开启“卖卖卖”：高端饮料和冰淇淋等业务将被摆上“货架” CEO称将聚焦四大主线

Core Insights - Nestlé Group is undergoing significant business adjustments following a year of executive turnover in 2025, with a focus on improving operational efficiency and addressing market challenges in the Greater China region [2][8]. Financial Performance - In 2025, Nestlé reported sales of CHF 89.49 billion, a slight decline of 2% year-on-year, and a net profit of CHF 9.033 billion, down 17% from the previous year [2]. - The organic growth rate for the entire group was 3.5%, with all regions and global businesses showing positive internal growth rates, although the Greater China region experienced a decline of 6.4% [3][4]. Business Adjustments - Nestlé announced three key business adjustments: the integration of the nutrition and Nestlé Health Science units, the sale of its ice cream business to Froneri, and plans to divest its water and premium beverage segments starting in 2026 [11]. - The ice cream business, while performing well, is considered small and distracting from core growth areas, leading to its phased sale [11]. Market Challenges - The Greater China region's organic growth rate declined due to inventory adjustments and a shift in business model from distribution-driven to consumer demand-driven [3][4]. - A significant factor impacting 2025 performance was the global recall of infant formula initiated in January, which affected sales and led to a reduction in adjusted operating profit by CHF 75 million [4][6]. Future Outlook - The company aims to streamline its operations by focusing on four core business areas: coffee, pet care, nutrition, and food & snacks, which together account for 70% of sales [8][11]. - Nestlé plans to continue evaluating its asset portfolio regularly, indicating potential for further divestitures in the future [12].