Danone SA

BN: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Danone: Volume Growth Despite Infant Formula and Middle East Headwinds; Guidance Confirmed

Diana Radu , Svetlana Menshchikova

Apr 22, 2026

Danone delivered 2.7% organic sales growth with a 1.5% volume contribution in the first quarter, slightly above the company-compiled consensus. The market reacted positively, with the shares 2% rising at the April 22 market open.

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Danone SA

Danone: Volume Growth Despite Infant Formula and Middle East Headwinds; Guidance Confirmed

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