Tag: $Danone

French food and beverage maker Danone said Monday it’s set to buy protein drinks maker Huel as a more health-conscious younger generation and the rise of weight-loss drugs pushes companies to rethink what people want to consume.

Danone SA (DANO) posted fourth-quarter like-for-like sales growth of 4.7%, ahead of analyst expectations, but North America volume turned negative and the French food group’s chief executive said on Friday that U.S. performance in 2025 had fallen short.

A crisis over contaminated baby formula has grown with product recall after recall in recent weeks. On Friday, Paris’ public prosecutor said it opened investigations into five companies that make the formula. Parents and investors are on edge.

Danone (DANO.PA), shares rose as much as 7% on Wednesday after it delivered second-quarter sales that beat expectations, boosted by strong demand in China for infant milk formula and medical nutrition products.

 France’s Danone reported stronger-than-expected first quarter sales on Thursday and said consumers would see “very little” change in prices of its products on shelves in stores in Europe and North America this year as cost inflation eases.