Danone H1 Net Income Surges
For the half year, net income, Group share, surged to 880 million euros from 416 million euros a year ago. Earnings per share jumped to 1.43 euros from 0.69 euros.
Recurring net income, Group share, totaled 935 million euros, compared to 831 million euros, and recurring earnings per share rose to 1.52 euros from 1.37 euros last year.
Sales for the first half slid 3 percent to 11.052 billion euros. Like-for-like sales, however, rose 3.8 percent, with 0.9 percent growth in volume.
Looking ahead to the full year, Danone said it is confirming its like-for-like sales growth guidance within a range of +3% to +5%.(dpa)
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