Third-quarter sales were up 6.3% like-for-like, despite adverse weather conditions during the period and a strong 3rd-quarter 1999 performance (organic growth: +7.5%).
For the nine months to September 30, the increase was 7.5% like for like, rising to 8.2% if brewing activities are excluded.
Figures by business line and geographical area were as follows, at constant scope and exchange rates:
By Business Line
3rd Q Year to
Sept 30
Fresh Dairy Products +6.0% +7.1%
Beverages +7.7% +9.2%
Biscuits +5.7% +6.4%
Other Food Business +4.0% +5.0%
Group +6.3% +7.5%
By Geographical Area
3rd Q Year to
Sept 30
France +4.2% +5.3%
Rest of European Union +5.0% +6.0%
Rest of World +8.7% +10.6%
Group +6.3% +7.5%
Groupe Danone (NYSE: DA) continues to report steady growth in Western Europe (+5.7% for the 9 months to Sept. 30) and vigorous trends in other markets outside European Union (+10.6% for the 9 months to Sept. 30).
Consolidated sales totalled EUR 10,921 million (FRF 71,635 million), up from EUR 10,198 million for the same period of 1999, a nominal rise of 7.1%, with the impact of disposals -4.8% and currency translation +4.4%. At constant exchange rates and scope of consolidation, the increase was 7.5%.
Nominal amounts by business line and geographical area are as follows (EUR millions):
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By GlobalDataBy Business Line
First 9 months First 9 months First 9 months
1999 2000 2000 (FRF millions)
Fresh Dairy Products 4,468 4,904 32,168
Beverages 2,845 3,388 22,223
Biscuits 2,052 2,364 15,508
Other Food Business 431 277 1,818
Containers 501 -- --
Intra-group sales -99 -12 -82
Total 10,198 10,921 71,635
By Geographical Area
First 9 months First 9 months First 9 months
1999 2000 2000 (FRF millions)
France 3,895 3,380 22,169
Rest of European Union 3,867 3,979 26,100
Rest of World 2,984 4,181 27,428
Intra-zone sales -548 -619 -4,062
Total 10,198 10,921 71,635