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Nestlé tracks toward mid-term targets but not immune from Russia seizure

CFO Anna Manz has quantified the Russia impact with underlying profits likely to be hit the fourth quarter.

Latest news

Abbott to spin-off nutrition into standalone business

The US group said the decision addresses “different investment identities and requirements, growth profiles, and innovation cycles”.

PepsiCo champions protein with Good Warrior bars

PepsiCo said the addition comes as “protein moves beyond fitness-focused consumers and becomes an everyday nutrition priority”.

India regulator pulls up Nestlé, Abbott over infant-formula violations

The FSSAI issued a notice to Nestlé India concerning its Lactogen Pro 1 Powder, seeking scientific substantiation for whey protein claims.

European agreement reached to update organic farming rules

The European Parliament and EU Council have entered a provisional deal to amend rules governing organic production, labelling, certification, and trade.

Fleury Michon buys UK business Allplants

Allplants was acquired out of administration last year by the founders of Deliciously Ella, which was sold to Hero Group in 2024.

Commercial Bakeries adds to acquisitions with Partners

Partners makes private-label products, provides contract-manufacturing services and supplies industrial customers in North America.

US firm Dan-O’s Seasoning secures private-equity investment

The proceeds will be used to launch new product formats and widen availability across retail and online channels.

Synlait makes CEO Leon Fung’s appointment permanent

Synlait chair George Adams said the move gives “continuity, clarity and momentum” as the company works on its “recovery roadmap”.