We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Danone (QX) | USOTC:DANOY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.08 | 0.64% | 12.54 | 12.53 | 12.55 | 12.67 | 12.50 | 12.67 | 69,774 | 18:46:26 |
From May 2022 to May 2024
By Giulia Petroni
Danone SA lifted its organic sales growth guidance for the year after reporting a rise in sales volumes in the first quarter driven by price increases.
The French food company on Wednesday said that quarterly sales came in at 6.96 billion euros ($7.66 billion) compared with EUR6.24 billion a year earlier. Sales rose 10.5% on a like-for-like basis, with a 10.3% contribution from price and a 0.2% contribution from volume/mix.
Danone's waters and specialized nutrition divisions both registered a sales increase of 12% during the quarter. The essential dairy and plant-based business reported a 9.3% organic rise in quarterly sales.
Looking at the full year, Danone said it now expects organic sales growth between 4% and 6%, from previous expectations of between 3% and 5%. It confirmed it sees a moderate improvement in the recurring operating margin.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
April 26, 2023 01:47 ET (05:47 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Danone (QX) Chart |
1 Month Danone (QX) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
