Danone's Volume Miss, North America Recovery in Spotlight -- Market Talk

Dow Jones
04-23

0728 GMT - Danone's reported increase in the volume of products sold was slightly below consensus, held back by emerging markets and some slowing in North America, Deutsche Bank analysts say. This, however, is likely to reverse, the analysts say, noting that the degree of the reversal will be key going forward. "Given the recent strength and "safe haven" status, the small miss at volume/mix may lead the shares to be slightly soft this morning, with the North America improvement and the sustainability of Europe and China growth being key," the analysts say in a research note. (maitane.sardon@wsj.com)

 

(END) Dow Jones Newswires

April 23, 2025 03:28 ET (07:28 GMT)

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