Danone 1st half year’s report

Danone has reported marginal sales growth of 0.4% in the first six months of the year.

In the second quarter of the year, consolidated sales stood at €6,664 million, up 0.2% on a like-for-like basis, reflecting a 2.1% decline in volume and a 2.3% rise in value.

Danone’s dairy and plant-based operations reported a drop in sales of 1.8% in the second quarter of 2017, as a result of a 4.8% decline in volume and 3% rise in value.

In Europe, Danone made investments in its Activia brand, with changes to packaging and local communication campaigns. It notes that local yoghurt brands such as Les deux caches in France, Light & Free in the UK, Danio in Poland and Benelux, and Oikas in Italy saw continued growth.