What was Nestlé's Q2 organic sales growth, and how did it compare to analyst expectations?

Nestlé's second-quarter organic sales rose 3.7% for the period ended June 30, slightly exceeding the average analyst expectation of 3.6%. Organic sales exclude the impact of currency movements and acquisitions.

What is the structure and scope of Nestlé's new waters joint venture with Platinum Equity?

Nestlé and Platinum Equity will each own 50% of the newly formed joint venture named Peranel, which will house Nestlé’s waters and premium beverages business—including over 30 brands such as S.Pellegrino, Source Perrier, Acqua Panna, and the global Nestlé Pure Life brand—sold across 120 countries.

Nestle beats Q2 organic sales expectations, forms waters joint venture

Jul 22, 2026

Nestle beat Q2 organic sales expectations with 3.7% growth and raised full-year guidance. It formed a 50-50 joint venture with Platinum Equity for its waters business to raise €3 billion, leveraging lower coffee and cocoa costs.

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Nestle beats Q2 organic sales expectations, forms waters joint venture

Nestle beats Q2 organic sales expectations, forms waters joint venture

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