• Press release
3 min time reading

Good start to the year, further delivering on Renew Danone

  • Corporate news
  • Net sales reached €6,789m in Q1 2024, up +4.1% on a like-for-like (LFL) basis, with volume/mix up +1.2%, and price up +2.9%
  • Making continued progress on Renew Danone

    • Broad-based growth, with positive volume/mix across categories

    • Solid start to the year in Europe and North America amid pricing normalization

    • Sustained competitive growth in all categories in China

    • Continued progress on fixing business models in Emerging Markets

    • Portfolio rotation: Horizon Organic and Wallaby milk and dairy activity in the US and Michel & Augustin disposals successfully closed
       
  • 2024 guidance confirmed: like-for-like sales growth expected between +3% and +5%, with moderate improvement in recurring operating margin