Danone SA's third-quarter revenue increased by 4.2%, surpassing analysts' expectations of 3.75%. The growth was attributed to an increase in product sales rather than price hikes, indicating a shift in the company's sales strategy.
The performance is consistent with Danone's trend of exceeding sales expectations every quarter since early 2021. The focus on volume growth aligns with Danone's broader strategy to strengthen its market position in response to changing consumer preferences.