Danone Sales Rise as Consumers Seek Healthier Products
Danone SA posted better-than-expected quarterly sales growth, buoyed by consumer demand for its health-focused products.
Like-for-like sales rose 4.3% to €6.8 billion ($7.8 billion) in the first quarter, the maker of Volvic water and Activia yogurt said Wednesday, beating the 4% expected by analysts. Danone kept its guidance for an increase of between 3% and 5% this year.
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