The French food group Danone started the year with strong growth. However, the board remained cautious due to inflation and the unpredictability of the war in Ukraine and confirmed its forecast, as the manufacturer of Activia yoghurt and Evian water announced on Wednesday. Accordingly, he is aiming for an operating margin of over twelve percent after 13.7 percent in the previous year. Meanwhile, Danone contradicted speculation about a merger with the dairy products supplier Lactalis. There are no plans to sell any of the company’s three main businesses – dairy and plant-based products, infant formula and bottled water – a spokesman said. The new Danone boss, Antoine de Saint-Affrique, recently announced that he wanted to clean up the world’s largest yoghurt manufacturer. “There will be no sacred cows, there will be no taboos,” he explained. Danone wants to expand selectively and also sell parts.
Food – Danone Sells Well – Economy
