DANONE French Société anonyme with a capital of €168,959,483,00. Registered Office: 17, boulevard Haussmann, 75009 Paris. Registered with the Paris Commerce and Company Registry under number 552 032 534 Information on the total number of voting rights and shares in compliance with Article L. 233-8 II of the French Commercial Code and with Article 223-16 of the General Regulation of the Financial Markets Authority (AMF- Autorité des Marchés Financiers) DateTotal number of sharesTotal number of vo
French food group Danone on Thursday raised its 2022 revenue growth forecast after its third-quarter sales beat analysts' estimates as the firm was able to raise prices to counter soaring costs. The consumer goods giant and owner of Evian and Badoit water and Activia yoghurt said it now expected like-for-like sales growth to reach 7-8% this year compared with the already raised forecast of 5-6% it gave in July. Danone posted a 9.5% rise in third-quarter like-for-like sales to 7.334 billion euros ($7.35 billion), beating analysts' expectations for a 6.9% rise in a poll compiled by the company.
2022 Third-Quarter SalesPress release – Paris, October 27, 2022 Making progress on Renew DanoneFurther growth acceleration in the third quarter Q3 net sales up +19.1% on a reported basis and +9.5% on a like-for-like (LFL) basis, with price up +10.9%, and volume/mix down -1.4%; proforma volume/mix -0.2% excluding EDP RussiaAccelerated like-for-like sales growth in all geographies and categories +11.2% in North America driven by balanced competitive growth across categories+6.0% in Europe led by S