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Danone, "solid" first half 2023

Turnover up 8.4%, sales up 6.4%

Danone reported a "solid" first half of the year, with net sales of 14.17 billion Euros, up 8.4%. Second quarter sales stood at 7.2 billion Euros, up 6.4%, with prices up 8.7% and volume/mix down 2.3%. Operating profit reached 1.7 billion Euros in the first half of 2023, a period in which the operating margin stood at 12.2%, up 14 basis points from last year. EPS, or earnings per share increased 48.3%...

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EFA News - European Food Agency
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