India, July 23 -- Swiss food and beverage major Nestle SA (NSRGY.PK,NSTR.L) reported Thursday lower first-half profit, reflecting significant charges as well as weak revenues. Further, the company maintained fiscal 2026 organic growth and margin view.
In the first half, net profit attributable to shareholders declined 31.4 percent to 3.472 billion Swiss francs from last year's 5.065 billion francs. Earnings per share fell 31.4 percent to 1.35 francs from 1.97 francs a year ago.
The 2025 figures were restated as of January 1, 2026, following the integration of the Nestle Health Science Globally Managed Business.
The weak result was driven by increased restructuring costs and the write-down of assets held for sale.
Underlying net profit r...