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BN Danone

58.10
0.36 (0.62%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Danone EU:BN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 0.62% 58.10 58.00 58.80 58.78 57.82 57.86 816,925 16:40:00

Danone First-Half Profit Rose

29/07/2021 6:51am

Dow Jones News


Danone (EU:BN)
Historical Stock Chart


From May 2021 to May 2024

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   By Giulia Petroni 
 

Danone SA said on Thursday that profit rose in the first half of the year and that all categories returned to growth in the second quarter.

The French food company said net profit in the period was 1.07 billion euros ($1.26 billion) from EUR1.02 billion the year earlier.

Sales decreased to EUR11.84 billion from EUR12.19 billion the previous year. On an organic basis, sales were up 1.6%. In the second quarter, sales grew 6.6% to EUR6.17 billion.

Danone reiterated its full-year guidance, adding it assumes a gradual reopening of the economy to continue in the second half of the year. It also said it expects a broad-based acceleration of inflation in milk, ingredients, packaging and logistics.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

July 29, 2021 01:50 ET (05:50 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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