Danone Reports Strong 2025 Results with 4.5% Sales Growth and Dividend Hike

Danone reported robust full-year 2025 results, driven by a 4.5% increase in like-for-like sales to reach €27.3 billion. The company's recurring operating margin saw a notable expansion of 44 basis points, settling at 13.4% for the year. Growth was primarily fueled by a 2.7% rise in volume and mix, alongside a 1.8% price adjustment, reflecting strong demand in Europe and China. In light of these results, Danone proposed a 4.7% increase in its annual dividend to €2.25 per share. Looking ahead to 2026, the consumer goods giant expects sales growth to remain steady between 3% and 5% on a like-for-like basis. CEO Antoine de Saint-Affrique highlighted that the performance aligns with the company's mid-term strategic ambitions despite some regional challenges in North America during the fourth quarter.