Activa and Evian maker  Danone plans further price hikes to offset inflation costs

Consumer goods companies are grappling with surging costs for commodities, energy, transport, and labour

Danone reported that its 2021 like-for-like sales rose 3.4% to €24.3bn.

Danone pledged further productivity gains and price increases this year to offset cost inflation after the French food maker beat fourth-quarter sales forecasts, driving its shares up nearly 4%. 

The company, which has plants in Macroom and Wexford and sells to China and other markets, last year announced a marketing initiative for its Wexford-packaged baby formula plant.