France's Danone FY sales rise 4.5% LFL on strong growth in China

Danone SA

20/02/2026 06:39

Overview

France's dairy producer FY 2025 sales grew 4.5% LFL, driven by volume/mix and price

Recurring operating margin improved by 44 bps to 13.4%

Recurring EPS increased by 4.6% to €3.80

Outlook

Danone expects 2026 like-for-like sales growth between 3% and 5%

Company anticipates recurring operating income to grow faster than sales in 2026

Danone remains committed to science-based and consumer-centric approach amid volatility

Result Drivers

EUROPEAN GROWTH - Sustained momentum in Europe driven by EDP and Adult Medical Nutrition

CHINA & OCEANIA PERFORMANCE - Strong growth in China, North Asia & Oceania, led by Specialized Nutrition and EDP

MARGIN IMPROVEMENT - Recurring operating margin up due to operational efficiencies

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
EUR 27.28 bln
FY EPS
EUR 3.80
FY Free Cash Flow
EUR 2.80 bln
FY Recurring Operating Income
EUR 3.67 bln
FY Recurring Operating Margin
13.40%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Danone SA is €78.00, about 5.2% above its February 19 closing price of €74.12

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNEb3M4PW

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)