Nestle Milo is the world’s leading chocolate malt beverage that can be prepared with hot or cold milk or water. It offers essential vitamins and minerals to meet the nutrition and energy demands of young bodies and minds. Launched in Australia in the early 1930s, the Milo brand takes kids' development seriously. It has long been known as an energy beverage strongly associated with sports and good health. Milo is a good source of calcium, iron, and vitamins A, B1, and C.