Nestlé Sees 2026 Margins Rise as Coffee and Cocoa Costs Fall

3 articles · Updated · Bloomberg · Jun 2

2026 input costs are running below 2025 levels, and CEO Philipp Navratil said that should lift Nestlé margins through the year.
Coffee and cocoa are the key drivers: Navratil told a Paris consumer conference that lower prices in both commodities are now feeding into the foodmaker’s cost base.
The margin improvement is part of Nestlé’s broader effort to reignite growth after a period of pressure from higher raw-material costs.

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