Nan stage 1 formula
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Baby blues for Nestlé’s new CEO
Yahoo Finance· 2026-01-09 13:55
Group 1 - The core issue facing Nestlé is an international recall of infant formula due to a quality issue with an ingredient, which has intensified scrutiny on the company [1][2] - The recall has affected products in over 60 countries, initiated by the detection of Bacillus cereus bacteria in specific batches of its Nan stage 1 formula [2][3] - Nestlé has stated that no illnesses have been confirmed in connection with the recalled products, but the recall has expanded to include countries across Asia, the Americas, and the Middle East [3] Group 2 - Accusations have emerged that Nestlé delayed the recall and released information gradually, raising concerns about the company's decision-making and communication [4][6] - Consumer advocacy group Foodwatch claims that contaminated peanut oil was used in around ten Nestlé factories in Europe, suggesting a lack of trust in the company's reliability [5][6] - Analysts estimate that the potential impact on Nestlé's sales could reach approximately SFr1.2 billion ($1.5 billion), representing about 1.3% of the company's total sales [4][7]