Danone sticks to 2021 return-to-profit-growth target

Posted a 3.3% fall in first quarter sales

Danone employs around 700 people across its baby food business in Cork, Dublin, and Wexford.

Danone has stuck to its goal of returning to profitable growth in the second half of this year, after posting a 3.3% fall in first quarter sales, as Covid lockdowns continued to dent its bottled water and baby food sales.

The French dairy and food group — which employs around 700 people across its baby food business in Cork, Dublin, and Wexford — is searching for a new CEO and said it is banking on a gradual reopening of economies from the second half of this year as Covid vaccines are rolled out.