Nestlé reported a solid performance in its third quarter, with sales experiencing an organic growth of 4 per cent year-on-year to approximately £20.7bn.

The company’s sales in the Europe zone increased to £4.3bn from £4.2bn at the same time in the year prior.

According to the business, during the quarter there was positive progress in executing the strategy and continuing to streamline its overall portfolio.

Nestlé sold off its Vitamins, Minerals and Supplements segment in September as it aims to focus on its high-performing areas.

According to the group, the company’s investment drove high single-digit organic growth and core improvement in the third quarter.

The business reported organic growth of 3.7 per cent in the past nine months, with a real internal growth of 1.9 per cent.

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Philipp Navratil, Nestlé CEO said: “Our execution is driving stronger growth. RIG was positive across all zones and globally managed businesses and reached 2.8 per cent in the third quarter, continuing the performance improvement of recent quarters.

“The agreement to divest our mainstream vitamins, minerals and supplements business marks another important step in focusing our portfolio where we have the strongest competitive advantage.

“Against a challenging external backdrop, our focus remains on delivering value, consistently executing with discipline and driving sustainable RIG-led growth across the business.”

Moving forward, the business expects organic growth to be in the range of 3 per cent to 4 per cent due to continued focus on the growth plans.

Additionally, the underlying trading operating profit margin is expected to improve compared to 2025. The business’ free cash flow is now predicted to be higher than £8.2bn by the end of the year.