Swiss companies Roche and Nestlé report business updates and face challenges

Two major Swiss companies, the pharmaceutical firm Roche and the food giant Nestlé, have been in the news for their recent business results and challenges.

Roche reported increased profit and issued a forecast for 2025, but also noted disappointing sales for one of its eye drugs. Separately, the company reported positive results from a midstage trial for a new obesity treatment.

Nestlé is dealing with a recall of its baby milk products, with reports noting a delay before the recall was issued. This has caused concern among the company's shareholders.