Nestle (NESN SW) FY 2025 (CHF): Net Profit 9.03bln (exp. 10.08bln), Revenue 89.5bln (exp. 89.7bln), Organic growth +3.5% (exp. 3.4%), sees FY26 organic growth between 3-4%; in advanced negotiations to sell remaining ice cream business to Froneri
Nestle's FY 2025 results fell short of net profit expectations, suggesting potential headwinds in profitability, while revenue was also slightly below forecasts.
Ukrainian President Zelensky says he is aware that the US and Europe have been talking to Russia and we must be prepared to react to surprises
Reliance (RIL IS) Chair Ambani says the Co., with Jio, is to invest INR 10tln over 7 years and JOI intelligence will build India computing infrastructure
Nestle (NESN SW) FY 2025 (CHF): Net Profit 9.03bln (exp. 10.08bln), Revenue 89.5bln (exp. 89.7bln), Organic growth +3.5% (exp. 3.4%), sees FY26 organic growth between 3-4%; in advanced negotiations to sell remaining ice cream business to Froneri
Renault (RNO FP) FY25 (EUR): Net -10.7bln, Revenue 57.9bln (exp. 57.7bln), operating margin 6.3% (prev. guided around 6.5%), sees FY26 operating margin around 5.5%
Hanwha Ocean (042660 KS) inks cooperation agreements in Canada amid submarine project bid, according to Yonhap
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However, the organic growth rate exceeded expectations, indicating resilient sales performance in a challenging environment. Additionally, the ongoing negotiations to sell its ice cream business may signal a strategic shift that could impact future growth outlooks.
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