Danone, FR0000120644

Danone confirms guidance: Mizone cuts growth 1 point as Danone stock gains 3.16 percent

Published on 10/29/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Danone's Q3 sales reached EUR 7,233 million, up 4.00 percent like for like. Danone stock costs EUR 65.24 on October 29, 2026 versus the EUR 63.26 Xetra close.

What the quarter adds

Danone's Waters division grew 3.60 percent like for like in the third quarter of 2026.
Specialized Nutrition delivered 4.70 percent like-for-like growth in the same period.
Danone intends to repurchase 3.5 million of its own shares by the end of 2026.

Danone, FR0000120644, Illustration mit AI erstellt.

Danone (ISIN FR0000120644) said Mizone reduced group like-for-like sales growth by one percentage point in the third quarter of 2026, adding a new quality test to the headline growth figure. The company also confirmed its 2026 outlook in its Danone release dated October 28, 2026.

Pricing carried the quarter

Danone reported Q3 2026 sales of EUR 7,233 million, up 4.00 percent on a like-for-like basis. Price contributed 3.60 percentage points, while volume and mix added 0.40 percentage points. The split matters because the top-line result was supported more by pricing than by underlying volume.

Specialized Nutrition was the strongest major category, with like-for-like growth of 4.70 percent. Essential Dairy and Plant-Based grew 3.60 percent, matching Waters, while the Americas expanded 4.40 percent and EMEA 3.90 percent. Danone's guidance calls for 2026 like-for-like sales growth between 3.00 percent and 5.00 percent, with recurring operating income growing faster than sales.

Mizone remains the key drag

The official release identifies adverse weather and inventory management as the reasons for Mizone's weak quarter in China. Danone said the brand's decline reduced group like-for-like growth by one percentage point, while the company's China, North Asia and Oceania region posted only 0.10 percent growth and negative volume and mix of 1.60 percent.

Danone also disclosed two corporate actions. It intends to repurchase 3.5 million shares by the end of 2026 to offset dilution from employee capital increases and long-term incentive plans. In addition, U.S. leadership was changed immediately as the company works to improve execution in North America.

How the market prices the update

The latest reaction combines reassurance on pricing and specialized nutrition with a visible volume risk in China. At Lang & Schwarz, Danone stock was trading at EUR 65.24 on October 29, 2026 at 2:39 p.m. CET, 3.16 percent above the Xetra close of October 28, 2026 at EUR 63.26.

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