Higher Prices Lift Danone Quarterly Sales, Mizone In China Weighs
Danone reported better-than-expected organic sales growth of 4% for the third quarter, led by price increases to cope with rising costs.
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Danone is growing mainly due to higher prices
Danone's revenue growth in the third quarter is largely due to price increases. Protein-rich foods and health products remain key growth drivers. In the United States, the food…
Danone Inaugurates Medical Nutrition Production Facility in Steenvoorde
Danone has inaugurated a nutrition production facility at its Steenvoorde site, representing a €70 million investment.
Danone is allowed to acquire Huel for 1 billion euros
Danone has been given the go-ahead to acquire Huel: the British meal-replacement manufacturer has received approval from the competition regulator. The 1 billion euro deal is…
Danone posts strong first half results
Danone reported a solid performance in its first-half results, with sales increasing by 4.2 per cent on a like-for-like basis to £6.2bn. This was driven by a contribution of 1.9…
UK's CMA Launches Merger Inquiry Into Danone-Huel Deal
Britain's Competition and Markets Authority has launched an investigation into Danone Holdings (UK)’s proposed acquisition of Huel Limited.