Danone Q1 Revenue Rises 2.7% to €6.708B, Confirms 3–5% 2026 Guidance
Danone posted Q1 2026 revenue of €6.708 billion, up 2.7% on a comparable basis driven by 1.5% volume/mix and 1.2% pricing, with all regions resilient despite an infant formula recall and Middle East conflict. It confirmed 2026 guidance for 3–5% comparable sales growth and faster operating income.
1. Q1 Sales Performance
Danone reported Q1 2026 revenue of €6.708 billion, a 2.7% increase on a comparable basis, driven by 1.5% volume/mix and 1.2% pricing improvements across categories. EMEA sales reached €2.959 billion (+0.6% LFL), Americas €2.290 billion (+3.4% LFL) and APAC €1.459 billion (+6.0% LFL).
2. Challenges and Strategic Moves
Performance held up despite an infant milk formula recall in Europe and disruptions from the Middle East conflict, as Latin America and the U.S. regained momentum. The acquisition of Huel and a joint venture with Arcor in Argentina’s dairy sector support long-term portfolio expansion.
3. 2026 Guidance and Outlook
The group reaffirmed its 2026 targets of 3–5% comparable sales growth and faster recurring operating income expansion. Management cited health-focused brands, pricing strategy and cost discipline as key drivers for margin improvement.