Nestlé, despite facing challenges in global markets, achieved 2.2% organic growth in 2024. The company aims for accelerated growth in 2025, focusing on long-term profitability.
Nestlé, the global food and beverage giant based in Vevey, Switzerland, reported a 2.2% organic revenue growth in 2024, a promising result amid a challenging market environment. The growth, which excludes the effects of acquisitions, asset sales, and currency fluctuations, reflects the company’s ability to adapt to shifting consumer preferences and broader economic pressures. However, total revenue across all key regions saw a decline, with a decrease reported in North America, Europe, Asia, Africa & Oceania, China, and Latin America.
The company’s regional performance highlighted some notable shifts: North America saw a 2.5% drop, Europe experienced a 1.0% decline, and Asia, Africa & Oceania faced a 4.1% revenue decrease. Despite these setbacks, Nestlé’s Nespresso coffee and coffee machines saw marginal growth of 0.1%, amounting to CHF 6.38 billion in sales. Meanwhile, the Nestlé Health Science segment posted a stronger performance, increasing revenue by 3.7%, bringing total sales to CHF 6.74 billion.
Looking ahead, Nestlé projects accelerated organic revenue growth in 2025, though the company refrained from disclosing specific figures. Nestlé also plans to propose a dividend increase to CHF 3.05 per share at its next shareholder meeting. While the company intends to retire all repurchased shares, it has no plans to initiate a new share buyback program in 2025. With a focus on long-term profitability and optimizing its portfolio, Nestlé is positioning itself to weather economic challenges while maintaining growth and enhancing shareholder value in the years ahead.
