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Danone reports 'solid' first half of 2023

Danone has reported net sales in the first half of 2023 reached €14.2 billion, up 8.4% on a like-for-like basis.

Russia not planning to take over management of new foreign assets after Danone, Baltika

Danone grappling with regional reactions to inflation

Regional trends complicate efforts to improve results and spur growth.

Govt acquisition of assets from foreigners with resale could become alternative to external management - Russian Union of Industrialists and Entrepreneurs

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