Strong start to the year with sales growing 4.9% lfl on the back of China which continues to drive Specialised Nutrition and Waters solidly. As positives, we note EDP’s improvement vs. Q4 with EDP International flipping into positive territory despite being negative in Brazil. The company sets the bar high for other Packaged Food players with its Q1 numbers. Investors should feel reassured.
18 Apr 2018
Q1: Strong start to the year
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Q1: Strong start to the year
Danone SA (BN:WBO) | 0 0 2.7% | Mkt Cap: 44,153m
- Published:
18 Apr 2018 -
Author:
Anna Zyniewicz -
Pages:
3
Strong start to the year with sales growing 4.9% lfl on the back of China which continues to drive Specialised Nutrition and Waters solidly. As positives, we note EDP’s improvement vs. Q4 with EDP International flipping into positive territory despite being negative in Brazil. The company sets the bar high for other Packaged Food players with its Q1 numbers. Investors should feel reassured.