Nestlé CEO Wants To Reduce Debt Without Selling L'oréal Stake

(MENAFN- Swissinfo) According to CEO Philipp Navratil, Nestlé intends to reduce its debt by selling off non-core assets and through its own efforts. Selling its multi-billion stake in the cosmetics group L'Oréal is not on the cards for the time being. This content was published on July 31, 2026 - 11:08 2 minutes Keystone-SDA

Deutsch de Nestlé-Chef will Schulden ohne L'Oréal-Verkauf abbauen Original Read more: Nestlé-Chef will Schulden ohne L'Oréal-Verkauf ab

“Of course, we need to reduce our debt,” said Navratil in an interview with the finance website“The Market” published online on Friday. The sale of the water business, as well as smaller divestments such as that of Blue Bottle Coffee, are part of the effort to achieve this goal.

The ratio of net debt to EBITDA should“be roughly halfway between 2 and 3”, according to the Nestlé CEO. At the end of 2025, the ratio stood at around 2.85. In absolute terms, Nestlé reported net debt of CHF56.3 billion Swiss francs at the end of June 2026. A year ago, the figure stood at CHF60.0 billion.

More More Food safety Infant formula recall: Is trying to copy breastmilk increasing risk of contamination?

This content was published on Feb 25, 2026 A contaminated additive found naturally in breastmilk is responsible for the recent recall of infant formula worldwide.

Read more: Infant formula recall: Is trying to copy breastmilk increasing risk of contamina

MENAFN31072026000210011054ID1111473042