Strong Chinese demand helps Danone beat sales forecasts

Strong Chinese demand helps Danone beat sales forecasts

Danone has today beaten first-quarter sales expectations, as strong demand in China for infant milk formula and medical nutrition products outpaced weakness in coffee creamers in a competitive US market.

Bankinter Market Consensus The main figures compared to the consensus: Sales 6,844 M€ (+0.8%) vs 6,920 M€ expected. In comparable terms (excluding currency and perimeter effect) grow +4.3% vs +4.0% expected, of which +2.4% corresponds to prices (vs +1.1% esp.) and +1.9% to volumes (vs +2.9%). Confirms the guides for the whole year: Comparable sales +3%/+5% and improvement of operating margin Link to results. Analytic team opinion: Rather negati…

Danone starts 2025 strong with growth in all categories - RetailDetail EU

Danone has started 2025 well: the French food giant achieved sales of 6.8 billion euros in the first quarter, representing 4.3% comparable growth. “We have delivered a strong start to the year, across all categories,” says CEO Antoine de Saint-Affrique. Broad-based growth Sales growth was attributable to both a volume mix (+1.9%) and price increases (+2.4%), indicating that consumers were willing to buy more despite slightly higher prices. Like-…

As explained by the company in a statement, these data were driven by an increase of 1.9% in volume/mix and 2.4% in price. On the contrary, there was a negative impact of 3% by perimeter effect, derived mainly from the sale of Horizon Organic and Wallaby completed in April 2024. The reported sales were also negatively affected by the exchange rate effect (-0.8%), reflecting the depreciation of several currencies against the euro, in particular t…