Danone Q1 sales rise 2.7 percent amid formula recall
Danone reported 6.7 billion euros in Q1 sales, beating estimates. Growth slowed due to a baby formula recall and Middle East conflict, but 2026 guidance remains.
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The French food company Danone reported a 2.7% increase in first-quarter sales, surpassing market expectations of 2.6%. However, this growth represents a notable deceleration from the 4.7% recorded in the final quarter of 2025. The company, headquartered in France, attributed the slowdown to a combination of geopolitical tensions and a significant product recall.
