Danone raises 2023 sales outlook after price hikes boost Q1

PARIS (Reuters) – Danone raised its 2023 sales growth outlook after it reported higher-than-expected first-quarter revenue on Wednesday, as the world’s largest yoghurt maker was able to raise prices in the face of high raw materials and energy costs. Danone, maker of Activia yoghurt, Evian water and Aptamil infant milk said it now expected like-for-like 2023 sales growth of between 4% and 6%, having previously forecast 3-5% growth. It reiterated its forecast for a moderate improvement in recurring operating ma...