Sales of dairy products rose 1.5% for Danone in 2014
In the United States, the yogurt category “leveled off” in the fourth quarter.
Danone reported today that 2014 revenues rose 4.7% and sales in its fresh dairy products division increased 1.5%. The Paris-based multinational dairy, water and nutrition manufacturer said 2014 revenues were 21.1 billion Euros (about $24.1 billion). Sales of fresh dairy products were 11.1 billion Euros.
Speaking of U.S. yogurt sales in the fourth quarter, the company stated “the entire category leveled off after several years of strong dynamics, driven by Greek yogurt.”