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Danone: a first quarter of 2021 to forget

Sales dropped by 9.4% due to the negative impact of exchange rates

Danone recorded € 5.66 billion in sales in the first quarter of 2021, reporting a decline of 9.4%, mainly caused by the negative impact of exchange rates. However, the company called that just ended "the last quarter of decline" before returning to like-for-like prominence in Q2. The French group has achieved its goal of returning to profitable growth in H2, thanks to the gradual reopening of the e...

hef - 18481

EFA News - European Food Agency
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