Danone continues to suffer from Corona pandemic
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The water division and the specialty nutrition business continued to record significant declines in sales. The water business suffered particularly as restaurant sales declined due to the Corona restrictions. In Specialty Nutrition, distribution channel disruptions related to the pandemic impacted the lucrative baby food business. Only the dairy products business and plant-based alternatives posted gains.
The company confirmed its forecast. For example, Danone aims to return to like-for-like sales growth in the second quarter and profitable growth in the second half of the year./nas/tav/jha (dpa)
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