Reported about 1 month ago
Danone and Unilever have reported better-than-expected third-quarter sales, benefiting from a slowdown in price increases and increased investment in new products, attracting shoppers back from cheaper brands. Danone recorded a 4.2% rise in like-for-like sales, surpassing analyst forecasts, indicating strong demand, particularly for high-protein products in North America. Both companies maintain their sales growth forecasts for 2024, with Danone celebrating five consecutive quarters of volume growth.
Source: YAHOO