P135 AERTEL 1 135 Wed 23 Feb 08:41:50 1/3 DANONE'S Q4 SALES RISE BY 3.4% 23 Feb 2022 07:17 Danone has delivered stronger-than- expected sales growth in the last quarter of 2021 amid a challenging environment marked by mounting inflation. This comes as its new chief executive said much remained to be done to turn the company around. Antoine de Saint-Affrique, who took over as CEO in September, said investors would have to wait until a March 8 Capital Market day to get clues on his strategy and guidance for 2022 and for the mid-term. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business
P135 AERTEL 1 135 Wed 23 Feb 08:42:11 2/3 DANONE'S Q4 SALES RISE BY 3.4% 23 Feb 2022 07:17 Danone, which is the world's largest yoghurt maker, reported 2021 like-for- like sales rose 3.4%, slightly above analysts' estimates in a company- compiled consensus for a 3% rise. Danone said this reflected an acceleration in the fourth quarter to 6.7% sales growth, above market expectations of 5.5% growth, with all three businesses contributing to growth. The 2021 operating margin declined by 30 basis points to 13.7% of sales, in line with company's guidance and analysts' expectations of 13.7%. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business
P135 AERTEL 1 135 Wed 23 Feb 08:41:29 3/3 DANONE'S Q4 SALES RISE BY 3.4% 23 Feb 2022 07:17 Consumer goods companies are grappling with surging costs for commodities, energy, transport and labour. This prompted rival Unilever earlier this month to warn of a drop in margins as it struggles to lift prices enough to offset the extra expenses. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business