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The consumer goods giant and owner of Evian and Badoit water and Activia yoghurt, said it now expected like-for-like sales growth to reach 7%-8% this year compared with a previous forecast of 5-6% the company had already lifted in July.
It kept its guidance for a recurring operating margin above 12%, down from 13.7% last year.
Danone posted a 9.5% rise in third quarter like-for-like sales to 7.334 billion euros ($7.35 billion), beating analysts’ expectations for a 6.9% rise in a poll compiled by the company.
($1 = 0.9974 euros)
