French diary products giant Danone has reported better-than-expected third-quarter sales and confirmed that the company is in talks to buy Russian dairy and juice firm Wimm-Bill-Dann.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Danone, which makes Dannon and Actimel yoghurts, reported 9.4% growth in organic sales, which strip out foreign exchange variations, disposals and acquisitions, for the third quarter, reported Reuters.

Third-quarter sales were €3.49bn (US$4.08bn), compared to €3.32bn a year earlier. Analysts had expected third-quarter turnover of €3.38bn.

The company said sales for the nine-month period to end-September fell 3.4% to €10.11bn, beating forecasts of €10.01bn.

Chief executive Franck Riboud confirmed that the French company is in talks to buy Wimm-Bill-Dann, but declined to comment on the stage of the negotiations.

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 - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact