Danone edges up after slight Q1 sales beat

Danone SA

22/04/2026 08:16

** Shares in Danone DANO.PA up as much as 2.3% after the French food group delivered slightly better-than-expected Q1 sales despite impact of Iran war and infant formula recall

** The company reported a 2.7% sales growth, marking a sharp slowdown from the previous quarter, with revenues in the period reaching 6.71 billion euros ($7.89 billion)

** Jefferies calls the results "encouraging", while J.P. Morgan says that all regions but APAC exceeded expectations

** JPM deems the results to be "a solid print" but reminds that the market's focus will be on the next quarter guidance

** Shares down 12%​ YTD

($1 = 0.8509 euros)

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))