It does not receive public funding
Editor in chief:

Facebook Twitter Youtube

Danone records sales growth during HY2019

Boosted by the performance of its baby food products in China.

Danone posted a 2.5% increase in like-for-like sales in the second quarter as it was boosted by the performance of its baby food products in China. The company posted sales of €6.5 billion for the quarter, with each of its segments posting positive figures.

For the first half of the year, like-for-like sales were up 1.7% to €12.65 billion and like-for-like operating income rose 6.4% to €1.86 billion.

Within the specialised nutrition division, baby food sales in China delivered positive growth following three consecutive quarters of decline. Danone drew attention to increased baby food sales in low-tier Chinese cities and through e-commerce.

Danone CEO Emmanuel Faber said: “Our first-half results demonstrate our continued focus on the combination of strong execution and progress in the transformation of Danone, in order to drive agility and resilience, and deliver consistent profitable growth".

agu - 8523

© EFA News - European Food Agency Srl

CoffeeArla and Starbucks celebrate successful 10 year partnership

The partnership has been a success from the start

2020 marks 10 years since European farmer-owned dairy cooperative Arla Foods and the American coffee company Starbucks partnered up to combine chilled coffee and milk for the ready to drink (RTD) market. The partnership has been a success from the start, securing continuous growth in a high pace global market, in which unit production has increased by no less than 1700 per cent. more

Cheese and dairy productsBrands and transformation deliver strong 2019 results for Arla

Arla’s branded sales volume grew 5.1 per cent in 2019

In 2019 farmer-owned Arla Foods exceeded expectations for global branded sales whilst simultaneously transforming its business securing cost-savings at the top end of expectations through the Calcium programme. This enabled Arla to deliver a stable milk price to its farmers owners and a strong cash flow further strengthened the company’s investment power in future growth. more