Danone, FR0000120644

Danone reaffirms 3% to 5% growth target. Danone stock sits 24.05 percent below its high

Published on 10/20/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Danone restates 2026 sales guidance at 3% to 5%. Danone stock costs EUR 60.87 on October 20, 2026 versus its EUR 57.26 52-week low.

Operating outlook and market value

Danone reaffirmed like-for-like sales growth of 3% to 5% on October 1, 2026.
First-half 2026 like-for-like sales increased 3.5%, with volume and mix contributing 1.7%.
Danone stock trades at EUR 60.87 at 10:39 a.m. CEST at Lang & Schwarz on October 20, 2026.

Pop-Art-Comic einer Milchfabrik mit Fließband, fröhlichen Arbeitern und Halbtonpunkten — Pop-Art-Comic illustriert die Milchproduktion von Danone S.A. FR0000120644 mit bunten fröhlichen Fabrikarbeitern, Illustration mit AI erstellt.

Danone (ISIN FR0000120644) was trading at EUR 60.87 at Lang & Schwarz on October 20, 2026 at 10:39 a.m. CEST, while the company reaffirmed its 2026 growth framework on October 1. According to FT.com, Danone still targets like-for-like sales growth of 3% to 5% for fiscal year 2026 and recurring operating income growth faster than sales.

Guidance meets a stronger second quarter

The company entered the October 28 sales update with a better quarterly growth profile. Danone reported like-for-like sales growth of 2.7% in the first quarter of 2026 and 4.2% in the second quarter, according to FT.com. Second-quarter sales reached EUR 7.215 billion, with volume and mix adding 1.9 percentage points and pricing adding 2.3 percentage points.

What does the sales mix mean?

The composition of growth is the key operational question. In the second quarter of 2026, Specialized Nutrition grew 4.5% like-for-like, Waters grew 4.7%, and Essential Dairy and Plant-Based grew 3.8%. APAC led the regional picture at 5.2%, while Europe grew 0.6%, leaving execution in infant nutrition and European dairy as important tests for the next update.

Three dated steps shape the story

On August 3, 2026, Danone and Arcor completed their Argentine joint venture, with Danone holding 50%, according to FT.com. On September 4, 2026, Danone completed its Huel acquisition, which was consolidated from September 1. On October 1, 2026, Danone reaffirmed the 3% to 5% full-year sales outlook and confirmed the October 28 sales date.

Dates that matter next

Danone is scheduled to publish third-quarter 2026 sales on October 28, 2026, followed by the 2027 shareholders' meeting on April 29, 2027. Both dates are listed on Danone's investor-relations calendar.

Stock stays below its yearly high

Danone's EUR 60.87 quote sits below the EUR 80.14 52-week high and above the EUR 57.26 52-week low, while its market capitalization is EUR 39.2 billion as of October 20, 2026. The next report will show whether the second-quarter acceleration can continue without relying mainly on price increases. The stock was trading at EUR 60.87 at Lang & Schwarz on October 20, 2026 at 10:39 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Danone stock.