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Apr 22 2026, 07:34 IST/BST
Danone
Q1 results – resilient start
DAVY VIEW
Q1 like-for-like (LFL) growth came in marginally above consensus estimates at +2.7% (Visible Alpha (VA): +2.6%). Volume/mix contributed +1.5%, with positive performance across all categories, although European growth was impacted by the recent IMF recalls. Danone continues to deliver strong volume growth in a challenging environment. The company has confirmed FY26 guidance, and we envisage limited changes to our forecasts at this time.
