Danone posts strong biz results in nation

Sports drink Mizone and infant nutrition products continued to drive the performance of food and beverage giant Danone in financial year 2023.

The company experienced strong competitive growth in China, Japan, Australia and New Zealand, according to its financial report.

China, North Asia and Oceania delivered 7.4 percent like-for-like sales growth in the fourth quarter from 817 million euros ($887 million) to 822 million euros. For the full year, sales rose 10.1 percent to 3.5 billion euros from 3.42 billion euros compared with a year ago.