• About
  • Subscribe
  • Advertise
  • Contact
  • MICE
Tuesday, May 13, 2025
Newsletter
SUBSCRIBE
  • Latest News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
No Results
View All Results
  • Latest News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
No Results
View All Results
Home

Starbucks-branded products boost Nestlé nine-month sales

by Ethan Miller
November 14, 2019
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

Nestle has reported organic growth of 3.7 per cent for the first nine months of 2019, with real internal growth (RIG) of 3 per cent and pricing of 0.7 per cent.

Total reported sales increased 2.9 per cent to CHF 68.4 billion (about US$69.1 billion), from the CHF 66.4 billion (about US$67.1 billion) reported for the same period last year.

Net acquisitions had a positive impact of 0.7 per cent and foreign exchange reduced sales by 1.5 per cent.

“We are pleased with our nine-month results and have made further progress towards our 2020 financial goals. We continue to see good momentum in our largest market, the United States,” Nestlé CEO Mark Schneider says.

“Nestlé’s growth was supported by investment behind our brands, rapid innovation, and disciplined execution. During the third quarter, the roll-out of Starbucks products continued, now reaching 34 countries… With prudent investments and a disciplined approach to acquisitions our value creation model is generating profitable growth and attractive cash returns for our shareholders.”

The beverages category in the Americas, comprising Coffee mate creamers, Starbucks, and Nescafé coffee, saw mid-single-digit growth. Nestlé says the launch of Starbucks creamers generated strong demand. Net acquisitions increased sales by 5.5 per cent in the Americas, largely related to the acquisition of the Starbucks license.

Coffee saw positive growth in Europe, Middle-East and North Africa, with high single-digit RIG in the third quarter, helped by the launch of Starbucks products across 20 countries in the zone.

Nespresso has also maintained solid mid-single-digit organic growth, while North America and emerging markets grew at strong double-digit rates. Nestlé says the Vertuo system, now available in 21 markets, continued to generate strong consumer demand.

Tags: at homecapsulehomenespressonestlepodsstarbucks

Related Posts

Peet's will also take over management of L'Or Barista machines in the US as part of the announcement.

JDE Peet’s reports Q1 2025 results

by Daniel Woods
May 12, 2025

International coffee company JDE Peet’s has released an interim update on its year-to-date business and financial performance. Key to the...

Image: sidneydealmeida/stock.adobe.com

Brazil boosts 2025 harvest forecast

by Daniel Woods
May 9, 2025

Brazil has increased its forecast for coffee production in 2025 according to Brazil’s National Supply Company (Conab). Production is expected...

The new cup and lid will initially be rolled out in 10 key markets.

Starbucks releases sustainable version of its takeaway cup

by Daniel Woods
May 9, 2025

Starbucks has launched a new, more sustainable version of its takeaway cup in Europe, which has replaced the cup’s plastic...

Please login to join discussion

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Prime Creative Media launched Global Coffee Report in April 2011 with the aim of promoting, growing and informing the global coffee industry through the provision of the most relevant and current information and in-depth analysis from the sector’s most influential voices.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Global Coffee Report

  • About
  • Advertise
  • Subscribe
  • Magazine
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Latest News
  • Profiles
  • Products
  • Market Reports
  • Technology
  • Equipment
  • Marketing

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research & Development
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
  • About Us
  • Advertise with Global Coffee Report
  • Latest Magazine
  • Contact Global Coffee Report

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited