By
Reuters
Published
December 23, 2025
Nestle views its stake in L’Oreal as a financial funding, and whereas it is recurrently reviewed, there is nothing new to report on the matter, Nestle CEO Philipp Navratil was quoted as saying on Tuesday.
“This stake is a financial investment for us,” Navratil instructed Swiss newspaper Finanz und Wirtschaft in an interview, when requested concerning the stake. “We review it time and again with the board of directors, but there’s nothing new to say.”
Navratil, who took the helm in September after a interval of surprising turmoil on the firm, stated Nestle meant to achieve its aim of 4% natural progress as quick as potential.
“I’m not asking myself what else we need to acquire. What we need are innovations to accelerate growth,” Navratil stated. Nestle is sticking to plans to evaluation its water business- for which it is on the lookout for a strategic partner- and its mainstream nutritional vitamins and dietary dietary supplements division, Navratil added.
“We’re working to finalise these deals as quickly as possible, but also with the right details. Both are complex separations,” he stated.
The CEO stated the deliberate divestitures would assist scale back Nestle’s debt ranges, noting the agency is additionally reviewing its steadiness sheet to see what different measures are potential. Ideally, Nestle needs to deliver money movement again in direction of 10 billion Swiss francs, Navratil stated.
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