Danone Reports 2% Sales Decline in Q1, Impacted by Currency and Infant Formula Recalls

Danone announced a 2% decline in sales for the first quarter, with the company's CFO explaining that the decrease was almost entirely due to currency effects related to the euro's appreciation, alongside infant formula recalls.

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le-figaroFrench117d ago

Danone présente des ventes en recul de 2% au 1er trimestre, plombées notamment par les rappels de lait infantile

Le recul des ventes «s’explique presque entièrement par les effets de change» liés à l’appréciation de l’euro a expliqué le directeur financier du groupe.

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Danone Reports 2% Sales Decline in Q1, Impacted by Currency and Infant Formula Recalls

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Danone présente des ventes en recul de 2% au 1er trimestre, plombées notamment par les rappels de lait infantile

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