Paris, August 26, 2025, at 8.30 AM CEST Danone further accelerates its Renew transformation and announces the next stage of its leadership structure Danone announces today an evolution of its leadership structure. The company will operate through 3 geographies: EMEA, Asia Pacific and Americas. This leaner organization marks a further step in the deployment of the second chapter of Renew Danone. It will further enhance the company’s agility and market impact. To this effect, as of January 1st, 2026: Pablo Pe ...

Core Insights - Danone has released its half-year financial report for the period ending June 30, 2025, which is now available online [2] - The company operates in three health-focused categories: Essential Dairy & Plant-Based products, Waters, and Specialized Nutrition [3] - Danone generated €27.4 billion in sales in 2024, indicating its significant market presence [3] Company Overview - Danone is a leading global food and beverage company with a mission to promote health through food [3] - The company employs over 90,000 people and sells products in over 120 markets [3] - Danone's portfolio includes well-known international brands such as Actimel, Activia, and evian, as well as strong local brands [3] Strategic Goals - Danone has defined its Renew strategy aimed at restoring growth, competitiveness, and long-term value creation [3] - The company aims to achieve measurable nutritional, social, societal, and environmental impact [3] - Danone's ambition is to be B CorpTM certified globally by the end of 2025 [3] Sustainability and Recognition - Danone is listed on Euronext Paris and is part of various leading sustainability indexes, including those managed by Moody's and Sustainalytics [3] - The company is also included in the MSCI ESG Indexes, FTSE4Good Index Series, Bloomberg Gender Equality Index, and Access to Nutrition Index [3]

Core Insights - The company reported a strong performance in H1 2025, with like-for-like sales growth of +4.2% driven by a volume/mix increase of +2.6% and price growth of +1.7% [7][9] - Recurring operating income increased by +3.7% to €1,811 million, with a recurring operating margin of 13.2%, up +49 basis points from the previous year [17] - The company confirmed its 2025 guidance, expecting like-for-like sales growth between +3% and +5%, with recurring operating income anticipated to grow faster than sales [22] Financial Performance - H1 2025 sales were reported at €13,737 million, a slight decrease of -0.1% on a reported basis, primarily due to negative currency impacts [9][21] - Recurring net income attributable to the Group increased by +5.9% to €1,231 million, while total net income decreased by -14.7% to €1,040 million due to non-recurring expenses [19][20] - Free cash flow for H1 2025 was €1,172 million, down -6.1% from the previous year [21] Segment Performance - Sales in Europe increased by +2.3% in H1 2025, with strong growth in Dairy and Plant-based products [10][11] - North America saw a decline in sales by -4.6% on a reported basis, but like-for-like sales grew by +3.0% [10][11] - China, North Asia & Oceania experienced robust growth, with sales up +11.3% on a like-for-like basis, driven by strong performance in Specialized Nutrition [12][13] Strategic Developments - The company is actively investing in its portfolio, including the acquisition of Kate Farms and The Akkermansia Company, to enhance its health-focused offerings [4][30] - The CEO emphasized the importance of a consumer-centric and science-based strategy to drive future growth [5][3] - The company remains committed to its Renew Danone strategy, focusing on high protein, medical nutrition, and plant-based products [4][3]