FX.co ★ Danone Q3 Sales Down 1.2%, But Like-for-like Sales Up 4.2%

Danone S.A., a prominent food and beverage corporation, announced its third-quarter revenue as 6.826 billion euros, reflecting a 1.2 percent decline compared to last year's same quarter revenue of 6.906 billion euros. However, when evaluated on a like-for-like basis, the company experienced a sales increase of 4.2 percent, primarily fueled by a 3.6 percent rise in volume/mix. For the full year, Danone maintains its forecast for like-for-like sales growth ranging between 3 percent and 5 percent.