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Danone H1 results: Aptamil delivers strong growth and Mizone recovers from underperformance in China

Danone has reported ‘solid growth’ in its infant formula brand Aptamil in China for the first six months of 2023, while functional drink brand Mizone has recovered from underperformance after product revamps.

Danone: Solid first half of the year; Making consistent progress on Renew Danone

2023 Half-Year ResultsPress release – Paris, July 26, 2023 Solid first half of the yearMaking consistent progress on Renew Danone Net sales reached €14,167m in H1 2023, up +6.3% on a reported basis and +8.4% on a like-for-like (LFL) basis, with price up +9.4%, and volume/mix down -1.1%Q2 sales growth reached +6.4% on a LFL basis, with price up +8.7% and volume/mix down -2.3% +6.5% in Europe, driven by France, Poland and Spain; further progress on EDP portfolio transformation+5.0% in North Americ

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