Nestle rises after Q3 organic sales growth beat

Nestle SA

22/10/2026 08:22

** Shares in Nestle NESN.S rise 2.6% after Swiss food and drinks group reported better-than-expected Q3 organic sales growth
** Q3 organic sales grew 4%, beating analyst expectations of a 3.4% growth
** Real internal growth (RIG), a measure of sales volumes, was 2.8%, above forecast for a 1.5% increase
** "We expect the shares to be supported despite the recent rally," JPMorgan says
** Including Thursday's move, the stock has risen 8.9% so far this year

 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))