DANOY
Not a headline-grabbing sprint, but a solid jog
Danone kicked off the year with first-quarter sales of €6.7 billion, up 2.7% like-for-like. That means the business actually sold more and got a little more money per unit — the kind of combo investors like to see when the macro weather isn’t exactly beachy.
The good stuff is doing the heavy lifting
The growth came from both sides of the equation:
- volume/mix rose 1.5%
- price added another 1.2%
That’s important because it suggests Danone isn’t leaning on just one trick to keep the top line moving. In consumer staples land, that’s like showing you can win with both defense and offense. Fancy.
Why the stock crowd will care
Reported sales were down 2% for the quarter, which is the usual reminder that currencies and accounting can be a buzzkill. But the bigger message is that management stood by its 2026 guidance, which tends to calm nerves more than a perfectly worded earnings slide ever could.
Big picture
Danone is basically saying: the fridge is still selling, the pantry is still selling, and the full-year plan still looks intact. Not sexy, but in a market that loves certainty almost as much as it loves a surprise, that matters.