French dairy products giant Danone has said its first-half profit before extraordinary items was unchanged at €420m (US$479.1m), while operating profit was down 1.1% to €787m.
The result was achieved despite an 8.2% hit from the appreciation of the euro and beat analysts’ estimates of €765m, reported Dow Jones International News.
First-half revenue was down 7.4% to €6.22bn, but increased 7.2% on a like-for-like basis.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
