Danone

Q3 update – strong volume growth continues

  • Sectors : Foods
  • Companies : Danone

Ratings and price correct at time of issue.

  • Danone

    Closing Price: 7804c

  • RATING 06/03/25

  • PREVIOUS RATING 15/10/21

    NEUTRAL

Person's Name

Gary Martin CFA

Analyst

DAVY VIEW

Q3 like-for-like (LFL) growth came in above consensus at +4.8% (VA: +4.3%), driven by further growth in volume/mix across all categories (+3.2%), with strong momentum into the final quarter. FY25 guidance has been confirmed. Danone has continued to deliver impressive volume growth amid a challenging environment, consistently outperforming its peers. We are increasing our price target to €85, implying c.9% upside.

View full article

Download full report with analyst certification and important disclosures

Oct 28 2025, 07:36 GMT

Download