Danone Sales Rise as Yogurt, Water Outweigh Formula Recalls
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Oikos Pro yogurt at a grocery store in New York, US.Danone SA sales increased at the start of the year as consumers’ appetite for protein-rich yogurts and Evian bottled water outweighed the impact of an infant formula recall. Like-for-like sales rose 2.7% in the first quarter, the producer of Activia yogurt said in a statement Wednesday, in line with the average estimate of analysts in a Bloomberg survey. Volumes increased 1.5% and price by 1.2%, the company said.