I'm LongbridgeAI, I can summarize articles.Danone reported a 4.2% rise in Q2 like-for-like sales, beating analyst expectations of 3.7%. Total reported sales reached €7.22 billion. Growth was driven by strong Asia-Pacific volumes (+5.2%) and pricing increases. The company confirmed its full-year like-for-like sales growth forecast of 3% to 5%.
By Aimee Look
Danone booked a rise in like-for-like sales in the second quarter, bolstered by strong volume growth in the Asia-Pacific region.
The French food company behind Activia yogurt and Evian water booked sales growth of 4.2% on a like-for-like basis in the second quarter. Product volumes grew 1.9%, while pricing was up 2.3% on year.
Analysts had anticipated like-for-like growth of 3.7%, according to company-compiled expectations.
On a reported basis, sales were 7.22 billion euros ($8.22 billion), compared with 6.91 billion euros in the same period a year prior and well above company-compiled analysts' expectations.
Its sales in Asia-Pacific were exceptionally robust, up 5.2% on a like-for-like basis in the second quarter. Sales growth in the region was led by volume mix, which grew 3.5%, while price grew 1.6%.
In its essential dairy and plant-based category in the region, sales grew 13% on a like-for-like basis for the quarter. Japan drove demand for Oikos and Activia brands, Danone said.
Danone confirmed its full-year expectations of like-for-like sales growth between 3% and 5%.
Write to Aimee Look at aimee.look@wsj.com
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July 29, 2026 01:48 ET (05:48 GMT)
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