Danone focuses on execution and delivery to drive sales up 4%

Nov. 23, 2021

In its 2021 third-quarter financial report, dairy and plant-based leader Danone reported consolidated sales of €6.2 billion, up 3.8% on a like-for-like basis, led by a 4.6% increase in value and 0.8% decline in volume. On a reported basis, sales increased 5.8%, benefiting from a positive impact of exchange rates.

Danone third-quarter highlights

  • Net sales of €6,158 million in the third quarter, up 3.8% on a like-for-like (LFL) basis, and up 5.8% on a reported basis.
  • All categories contributing to growth with sustained strong momentum in EDP, continued recovery in specialized nutrition and waters segments.
  • Higher inflation and supply chain pressure, greater focus on productivity and pricing initiatives
    • Local First implementation on track.
    • 2021 guidance reiterated: return to profitable growth in H2, and FY recurring operating margin broadly in line with 2020.
    • Capital market event to take place on Mar 8, 2022.


    Hostess Brands Inc.
    Hostess Snack Cakes

    Hostess Brands' 10% revenue increase in Q3 signals continued momentum

    Nov. 19, 2021
    Twinkie maker raises 2021 net revenue guidance, reports 9% jump in profit and announces departure of chief financial officer
    Aramark Logo 2

    Aramark's 2021 fourth-quarter results show organic revenue at 87% of pre-COVID levels

    Nov. 17, 2021
    Aramark released results for its fourth-quarter this week, reporting consolidated revenue of $3.6 billion, an increase of 32% compared with the prior year. Organic revenue, which...