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Nestle has revealed its PetCare sales decreased 2.5% to CHF 18.4m (£17.6m) in the year ending 31 December 2025, down from CHF 18.8m (£18m) the year before.
However, the group said when it came to organic growth, its PetCare offerings accounted for 2.2%, with gains in wet and dry cat food leading the charge. It added that this was held back by softer results in dry dog food.
PetCare achieved mid single-digit growth, pushed mainly by real internal growth (RIG) and supported across multiple markets, with key contributions from Felix, Pro Plan, Gourmet, and Purina ONE.
The portfolio’s global market share rose overall, with Europe driving the growth, while its underlying trading operating profit (UTOP) margin was 21.7%, a slight increase from 21.6% in FY24.
Nestle said it would continue to accelerate its growth strategy by focusing on PetCare, identifying it as a “powerhouse global business” along with coffee and nutrition. In total, the three businesses are responsible for 70% of sales.
In FY25, the company reported total sales of CHF 89.5bn (£85.6bn), a 2% decline compared with the previous year. Net profit dropped 17% year on year to CHF 9bn (£8.6bn), while organic growth increased by 3.5%.
Nestlé CEO Philipp Navratil said: “I am encouraged by our performance during 2025, which reflects the targeted actions we have taken in a difficult external environment. Real internal growth (RIG) was positive across all Zones and global businesses.
“We are accelerating our strategy. We are focusing our portfolio on four businesses, led by our strongest brands, with prioritized resources and a simplified organization. We are upgrading our marketing and innovation and increasing investment behind high-potential growth platforms, which now have an expanded scope and represent 30% of sales.”
He added: “We are stepping up our efficiencies and strengthening our financial position. This is underpinned by a performance culture that rewards excellence and results. While there is more to be done, we are confident that our faster execution of a more focused strategy will deliver sustained improvement through 2026 and beyond.”
