Danone jumps due to earnings

Note: This section contains information in English only.
Source: Dukascopy Bank SA


As the French food company Danone published better than forecast quarterly earnings, the stock price of the firm started a surge. By the middle of Wednesday's trading, the stock price had gained almost 10.00%.

The company's quarterly sales increased by 7.10%, compared to a market forecast of 5.50%. The company also announced that despite ongoing increase in food prices it would stick to its 2022 financial goals.

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