Focus on core activities pays off for Danone

Strong figures for the first half of the year once again confirm the effectiveness of the “Renew Danone” strategy, which the French food group has been implementing for several years, says CEO Antoine de Saint-Affrique.

Success for protein-rich products

With a comparable revenue growth of 4.1% in the second quarter, Danone is performing slightly better than expected. Over the first six months of 2025, comparable revenue increased by 4.2% to 13.7 billion euros. Only 1% of that growth was attributable to price increases, while volumes grew by 3.2%. Underlying operating profit rose by 3.7% to 1.8 billion euros, with margins further improving.

CEO Antoine de Saint-Affrique emphasized that these results represent a strong start for the second chapter of the “Renew Danone” strategy, the restructuring plan he launched shortly after taking office in 2020: “In a volatile and uncertain environment, we are consistently doubling down on our fundamentals, further fueling our winning platforms such as high protein, medical nutrition, Alpro and Aptamil.”

Europe, accounting for about a third (35%) of Danone’s total revenue in 2024, reported its seventh consecutive quarter of positive growth in volume and mix, with a growth of 2.2% in comparable revenue. The multinational sees good performance in functional dairy products, particularly the protein-rich Skyr and Kefir ranges, which benefit from ongoing trends around health and natural products. The Alpro brand, specializing in plant-based products, is also experiencing strong growth.