European and American stockpiling re-entered the Chinese market segment, and Danone’s first-quarter revenue added value3.7%

European and American stockpiling re-entered the Chinese market segment, and Danone’s first-quarter revenue added value3.7%
On April 21, Danone released its first quarterly report for 2020, showing that its overall sales revenue was about 62.4.2 billion euros, an annual increase of 3.7%.Among them, the sales of specialty nutrition, basic dairy products and plant-based products increased by 7%.9%, 4.6%, carbonic acid and beverage business decreased by 6.8%.During the epidemic, the surge in food reserves in the European and American markets replaced the Chinese market in March.”After experiencing this unprecedented outbreak of the new crown epidemic in the world, it will be remembered in the first quarter of 2020.In the future for a long time, the way we live and conduct business may also be changed.Governments of all countries have adopted blockade measures, and the supply and demand patterns in economic operations have also been temporarily affected.Fan Yimou, Chairman and CEO of Danone ‘s board of directors, said, “Changes in demand have had a direct and significant impact.In the first quarter, Danone’s sales revenue increased by 3 each year.7%, exceeding expectations.Among them, the surge in food reserves in the European and American markets replaced the Chinese market in March, and sales of different categories have also been changing.”Driven by the demand for food reserves, Danone’s specialty nutrition business increased sales revenue in the first quarter.”9%, the overall sales revenue of the infant nutrition business achieved a high-medium growth, and the sales revenue of the adult nutrition business also achieved strong growth.In China, the sales revenue of the specialty nutrition business continues to grow steadily and continues to be high-end, and the market share of Aetama has also increased, thanks to the brand’s strong performance on e-commerce platforms.In Europe, Danone specialty nutrition business sales revenue grows about 10% per year.Among them, due to increased reserves of breast milk substitutes and early complementary food products, as well as increased demand for adult tube feeding products in hospitals, the growth rate of this business exceeded 30% in 3 months.In other parts of the world, Danone ‘s specialty nutrition business also experienced strong growth in sales revenue, with average prices in Southeast Asia and the United States gaining double-digit growth.In terms of revenue and beverage business, Danone’s first quarter sales revenue increased sixfold.8%.Due to the impact of the epidemic on outdoor consumption scenarios and supply chains, China ‘s revenue reduction and sales in the beverage business continued to increase by approximately 40% during the quarter.In terms of basic dairy products and plant-based products, Danone’s sales revenue in the first quarter increased by 4 per year.6%.This was jointly driven by many factors, including the impact of the business on outdoor consumption scenarios, the increase in food home consumption in March, and the increase in food reserves in the European and American markets.Sauna, Ye Wang Guo Tie editor Li Yan proofread Liu Jun