2023 U.S.-Booked Air Volume: $33 million
Consolidated U.S. TMC: BCD
BTN estimates U.S.-booked air volume in 2023 for multinational
food and beverage company Nestlé dipped slightly to $33 million.
Nestlé reported 2023 total group sales of nearly 93 billion
Swiss francs (US$110.6 billion), down 1.5 percent year over year. For the first
half of 2024, total sales were down 2.7 percent from the same period in 2023
The company in September 2023 announced an agreement to
acquire a majority stake in Grupo CRM, a premium chocolate player in Brazil,
with the transaction expected to close in 2024. That same month, it divested Palforzia,
its peanut-allergy treatment business, to biopharmaceutical company
Stallergenes Greer, as well as completed a transaction to create a joint
venture with PAI Partners for Nestlé's frozen pizza business in Europe.
Nestlé as of Dec. 31, 2023, reported about 270,000 employees,
down about 5,000 from 2022.