City snapshot: Danone plans 'year of recovery' after 2020 sales drop | News
By Alec Mattinson2021-02-19T08:56:00+00:00 Top story Danone has guided towards a ‘year of recovery’ in 2021 after its 2020 sales were hit by weak performance in waters and infant nutrition. Reporting its annual results this morning, the French dairy giant said its 2020 consolidated sales fell 1.5% on a like-for-like basis, with stable volumes and a 1.5% decrease in value reflecting negative category and country mix. On a reported basis, sales were down -6.6%, mainly driven by the negative...
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Source: thegrocer.co.uk