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Stock impact report

France's Danone keeps 2024 goals as Q3 sales beat forecasts [Yahoo! Finance]

DANONE S/ADR (DANOY) 
Company Research Source: Yahoo! Finance
Reuters 1 min read In This Article PARIS (Reuters) - French food group Danone beat third-quarter sales expectations on Thursday, boosted by higher sales volumes as price hikes slowed further, and reflecting strong demand in North America for high-protein products, coffee creamers and waters. The maker of Activia yoghurt, Evian water and Aptamil infant milk posted a 4.2% rise in third quarter like-for-like sales to 6.826 billion euros ($7.36 billion), above analysts' expectations for a 3.9% rise in a company-compiled consensus. The world's largest yoghurt maker kept its forecast for 2024 like-for-like sales growth of between 3% and 5%, with a moderate improvement in recurring operating margin. ($1 = 0.9275 euros) (Reporting by Dominique Vidalon, Editing by Benoit Van Overstraeten) Recommended Stories Show less Read more
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