Danone continued positive volume and sales growth in Q1 2009

In spite of the difficult circumstances, Group Danone saw a 1.0 percent sales growth, although the interest in dairy products decreased by 1.2 percent, baby-nutrition products on the other hand has become more popular – the CEO of Danone said.

 
“The performance in the first quarter is in line with our expectations, reflecting the impact of a deteriorating economic environment on consumption behavior as well as a very high base of comparison in the first quarter of 2008. In this context, the Group’s sales continued to grow in the first quarter, both in volume and in value terms” – Franck Riboud, Chairman and CEO of Groupe Danone pointed out. Baby Nutrition and Medical Nutrition continued to show their potential and resilience, and so did our Waters businesses in the emerging markets which continued to deliver strong growth. On the other hand, the ongoing market deterioration has weighed – as anticipated – on the performance of the Fresh Dairy division in various regions.