Danone Reports 14.9% Growth in Q1 Sales

By geographical area Europe enjoyed 4.3% growth, Asia grew by 17.9% and Danone’s sales performance in the rest of the world was up 16.5%.

20/04/06 Groupe Danone has reported a 14.9 percent sales rise in the first quarter, bolstered by growth in all regions, particularly Asia, and in its dairy, drinks and cookie products. In the first quarter of 2006, Groupe DANONE reported consolidated sales of EUR 3,534 million compared to EUR 3,075 million in the first quarter of 2005.

Danone said that the 1st quarter performance is in line with the Group’s overall expectations and is a result of both continuing robust growth in Asia, Americas and Eastern Europe, and from an improvement in sales from our French businesses. Danone also confirmed its 2006 targets.

By business line Fresh Dairy Products was up 9.5%, Beverages were up 11.8% and Biscuits & Cereal Snacks were up 3.5%. By geographical area Europe enjoyed 4.3% growth, Asia grew by 17.9% and Danone’s sales performance in the rest of the world was up 16.5%.