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Danone Sales Climb on High Protein, Medical Nutrition Demand

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Danone Sales Climb on High Protein, Medical Nutrition Demand Danone SA sales climbed in the second quarter, buoyed by the popularity of its high-protein yogurts and fortified drinks for the elderly and ill. Like-for-like sales rose 4.2%, the producer of Activia yogurt said in a statement Wednesday, above the 3.6% estimate of analysts in a Bloomberg survey. The company confirmed its guidance to increase sales between 3% and 5% this year.

Danone Sales Climb on High Protein, Medical Nutrition Demand Danone SA sales climbed in the second quarter, buoyed by the popularity of its high-protein yogurts and fortified drinks for the elderly and ill. Like-for-like sales rose 4.2%, the producer of Activia yogurt said in a statement Wednesday, above the 3.6% estimate of analysts in a Bloomberg survey. The company confirmed its guidance to increase sales between 3% and 5% this year.
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Originally published by Bloomberg Markets Read original →