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Danone S.A. (DANOY) Q3 2024 Earnings Conference Call Transcript

Danone S.A. (OTCQX:DANOY) Q3 2024 Earnings Conference Call October 24, 2024 2:15 AM ET

Company Participants

Mathilde Rodie – IR
Juergen Esser – CFO

Conference Call Participants

Guillaume Delmas – UBS

Warren Ackerman – Barclays

Celine Pannuti – JPMorgan

Charlie Higgs – Redburn

Operator

Good day, and thank you for standing by. Welcome to Danone Third Quarter 2024 Sales Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to turn the call over to your first speaker today, Mathilde Rodie, Head of Investor Relations of Danone. Thank you. Please go ahead.

Mathilde Rodie

Thank you. Good morning, everyone. Thank you for being with us. This morning for Danone’s 2024 Q3 results call. I’m here with our CFO, Juergen Esser who will go through some prepared remarks before taking your questions. And before we start, I draw your attention to disclaimer on Slide 21 of the presentation related to forward-looking statements and the definition of financial indicators that we will refer to during the presentation.

And with that, let me hand it over to Juergen.

Juergen Esser

Thank you, Mathilde, and good morning, everyone, and a very warm welcome to our Q3 sales quarter. I suggest we go straight into the presentation as this is a busy day for all of you. So let me start with number 2.

As you have seen already from the press release this morning, we are sharing with you today another strong set of numbers with like-for-like sales up plus 4.2% for the third quarter of this year. This represents yet another quarter of broad-based growth with consistent overall delivery, demonstrating the resilience we have built into our company over the last 3 years, which is giving us the ability to deliver on our commitments even within a soft consumer environment.

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