Wednesday, October 23, 2019

Revenues of the company reaches 6.42 billion Euros

Danone, the French dairy industry, announces that its revenue in the third quarter of 2019 has advanced 3.7% over the same period of 2018, to 6.42 billion euros. Comparable and adjusted sales grew by 3% in the period. Despite the advance of the revenue, the company reported some problems in the period. For example, difficulties in Europe for its water business. The international division of Essential dairy products and plant base recorded advances in comparable and adjusted sales of 0.7%, but with a decline of 2.7% in the volume sold. The company also disclosed a change in their expectations for the result of 2019. The forecast is that the year ends with sales growth comparable and adjusted between 2.5% and 3%, before 3%.
Giro News - 21/10/2019 News Item translated automatically
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