![\"Nestl\u00e9](\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/07\/12a65081449e87b7e6e5d7f461083da5545a6515-91825667.jpg\")
<\/p>\n <\/p>\n
Nestl\u00e9 chief wants to reduce debt without selling L’Or\u00e9al <\/p>\n
Keystone-SDA <\/p>\n
According to CEO Philipp Navratil, Nestl\u00e9 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’Or\u00e9al is not on the cards for the time being.\n<\/p>\n
This content was published on <\/p>\n
July 31, 2026 – 11:08\n<\/p>\n
\u201cOf course, we need to reduce our debt,\u201d said Navratil in an interview with the finance website \u201cThe Market\u201d 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.<\/p>\n
The ratio of net debt to EBITDA should \u201cbe roughly halfway between 2 and 3\u201d, according to the Nestl\u00e9 CEO. At the end of 2025, the ratio stood at around 2.85. In absolute terms, Nestl\u00e9 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.<\/p>\n
\n More<\/p>\n
![\"There](\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/07\/519953580_highres.jpg\")
<\/p>\n
More <\/p>\n
Food safety\n <\/p>\n
Infant formula recall: Is trying to copy breastmilk increasing risk of contamination? <\/p>\n
This content was published on <\/p>\n
Feb 25, 2026 <\/p>\n
A contaminated additive found naturally in breastmilk is responsible for the recent recall of infant formula worldwide. <\/p>\n
<\/p>\n Read more: Infant formula recall: Is trying to copy breastmilk increasing risk of contamination? However, the group CEO ruled out selling the company\u2019s approximately 20% stake in L\u2019Or\u00e9al. Whilst \u201ctheoretically, one could significantly reduce the debt\u201d, Navratil conceded. \u201cBut it would be a shortcut.\u201d Instead, Nestl\u00e9 intends to \u201cdo our homework\u201d and \u201creduce debt organically, whilst also better positioning the portfolio and the group\u201d. L\u2019Or\u00e9al remains \u201ca financial investment and we are happy shareholders\u201d.<\/p>\n Nestl\u00e9 has set clear priorities for capital allocation. Investments in organic growth are \u201cthe top priority\u201d, followed by dividends and debt reduction. Acquisitions and share buybacks, by contrast, are not a priority at present.<\/p>\n +\u00a0How we produce English news<\/a> Articles in this story <\/p>\n","protected":false},"excerpt":{"rendered":"Nestl\u00e9 chief wants to reduce debt without selling L’Or\u00e9al Keystone-SDA According to CEO Philipp Navratil, Nestl\u00e9 intends to…\n","protected":false},"author":2,"featured_media":59815,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12905],"tags":[641,37220,91,1580,2772,7087],"class_list":["post-59814","post","type-post","status-publish","format-standard","has-post-thumbnail","category-loreal","tag-article","tag-beat-agribusiness","tag-business","tag-loreal","tag-latest-news","tag-production-type-deepl-autotranslation"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/59814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=59814"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/59814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/59815"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=59814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=59814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=59814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n <\/a><\/p>\n
Translated from German, reviewed by an\u00a0English Department<\/a>\u00a0journalist.\u00a0<\/p>\n