Nestlé chief wants to reduce debt without selling L'Oréal

Keystone-SDA

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.

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July 31, 2026 - 11:08