Danone's products remain popular
The food giant's shares were increased by 2 percent, after the company reported on Friday: that the demand for the dairy products of the company has increased, in spite of the crisis.
The third quarter sales of Danone decreased by 1.7 percent compared to the same period of the previous year, primarily due to exchange rate effects. The company's consolidated revenue is 3.78 billion euros, slightly below the the expected 3.82 billion euros of Reuters analysts.
Danone's milk products’ turnover increased by 7 percent during the period. In the second quarter, the turnover was only 2.7 percent. Reuters analysts expected less than 4.6 percent growth – reports napi.hu.
Related news
Related news
Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing…
Read more >Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it…
Read more >Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the…
Read more >