Danone reports Q4 and FY2020 sales declines

France’s Danone S.A. reported sales declines of 9.8% and 6.6%, respectively, for its latest fourth quarter and fiscal year 2020, ended Dec. 31.

Danone said its yogurt and coffee creamers segments both grew in retail channels, low-single digit and double-digit, respectively, but continued to be penalized by their exposure to away-from-home channels.

Click here to see Danone’s earnings press release.