Danone SA

BN: XPAR (FRA)

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Danone Earnings: Volume-Led Momentum Continues; Near-Term Headwinds From Currency and Infant Milk

Diana Radu , Svetlana Menshchikova

Feb 20, 2026

Danone reported 4.7% like-for-like sales growth in the fourth quarter, with 2.5% coming from volume, although this was a sequential slowdown. That brought full-year like-for-like sales growth to 4.5% and volume to 2.7%. Both the full-year and quarterly numbers were above company-compiled consensus.

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Danone SA

Danone Earnings: Volume-Led Momentum Continues; Near-Term Headwinds From Currency and Infant Milk

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