Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Danone Posts Solid Sales Growth In 3rd Quarter

October 17, 2017: 12:00 AM EST
Consolidated sales rose 16.6 percent in Danone’s third fiscal quarter to $7.64 billion, with especially strong performance in Specialized Nutrition and Early Life Nutrition China. New Danone like-for-like sales growth was 4.7 percent in the quarter, which reflects a 0.4 percent increase in volume and a 4.3 percent rise in value. As to guidance, the company still expects to deliver double-digit recurring earnings per share growth of more than 12 percent. It is also looking for overall like-for-like sales growth between four and five percent by 2020, including healthy like-for-like sales growth above five percent for EDP NORAM, Specialized Nutrition, and Waters, and a like-for-like sales growth of between three and four percent for EDP International.
"Danone Q3 Sales Climb, Backs FY17 View; Sets 2020 Objectives - Quick Facts", Nasdaq, October 17, 2017, © The NASDAQ, Inc.
Domains
FOOD BUSINESS NEWS
News
Companies
Market News
Operations
Geographies
Worldwide
EMEA
Europe
France
Categories
Companies, Organizations
Danone
Earnings Release
Market News
Developed by Yuri Ingultsov Software Lab.