The French food group Danone has reported that its turnover in the first nine months of the year rose to 21.176 billion euros, which represents an increase of 2.9% compared with the same period of the previous year.
By geographic areas, the Europe, Middle East and Africa (EMEA) region recorded revenues of 9.349 billion euros, 1.7% more. In the American continent, turnover reached 7.064 billion euros, with an advance of 3.5%, while Asia Pacific increased its sales by 4.3%, to stand at 4.762 billion euros.
If analyzed by business lines, the EDP category, which groups Essential Dairy and Plant-Based products, obtained revenues of 10.089 billion euros, which implies growth of 2.4%. The Specialized Nutrition division reached a turnover of 7.192 billion euros, 4.2% more, and the Bottled Waters business added 3.895 billion euros, with an increase of 1.9%.
The company has also detailed that it plans to repurchase around 3.5 million of its own shares before the end of 2026, with the aim of offsetting the dilution associated with capital increases reserved for employees and with the long-term incentive plans that will be put into place in 2027.
The French group has reiterated that it maintains its forecasts for the full year, which include an improvement in adjusted sales of between 3% and 5%.
On the corporate front, the company has indicated that Vikram Agarwal, current chief operating officer of Danone, has decided to retire and leave his post, without providing at the moment more information on the succession process. "Vikram has made a significant contribution to the company, helping to strengthen and transform the operations area," the company thanked him.
The chief executive of Danone, Antoine de Saint-Affrique, has underscored that "Our growth model based on multiple pillars continues to demonstrate its resilience, supported by the strength and relevance of our product portfolio focused on health. The demand for our key platforms - which range from high-protein products to gut health solutions and medical nutrition - remains solid worldwide".