Danone Sales Rise as Company Relies Less on Price Hikes
- Danone has beat expectations every quarter since early 2021
- Specialized nutrition was fastest-growing unit in the quarter
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Danone SA posted buoyant quarterly revenue growth as the French company sold more products rather than relying on price hikes.
Sales rose 4.2% in the third quarter, the Volvic and Activia maker said, beating the 3.8% expected by analysts. It has beat top-line sales expectations every quarter since early 2021.