Groupe Danone, the French dairy and baby food company, confirmed its earnings and growth objectives for 2008 at its annual shareholders meeting yesterday (29 April).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Danone’s new chief financial officer Pierre-Andre Terisse said the group expects a sales growth of between 8% and 10% for this year, and an earnings-per-share growth of least 15%.


Danone’s revenue rose 11% in the first quarter, from a year earlier, driven by continuing double-digit growth in its core dairy products division.


Last year, Danone sold its cookies business to US-based Kraft Foods. It also sold its stake in Bright Dairy & Food Co., and bought Dutch baby food company Royal Numico for EUR12.3bn (US$19.1bn).

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

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