Growth OpportunitiesDanone is seen as a medium-term turnaround company, with reinvestments and strategy announced by management to seize the opportunity in categories under-appreciated by the market.
Market Position And StrategyDanone exited its underperforming brands and is showing volume improvements in Essential Dairy & Plant-based driven by high-protein and gut health.
Sales PerformanceThird-quarter organic sales growth of +4.2% was better than expected, driven by qualitative growth in volume/mix of +3.6%, sequentially accelerating from +2.9% in 2Q24 despite tougher comps.