Danone Sales Grow Amid North America Turnaround

Danone, the maker of Evian bottled water, reported 4% like-for-like sales growth in the third quarter, according to the company’s latest update. The French food group said the increase was driven by improvements in its performance, even as it continues working to revive its North America business. Danone’s North America operations have been facing pressure from falling demand, the update indicates, as the company looks to stabilize and grow the segment again. The company’s announcement came alongside a quarterly figure referenced as “BN,” with shares noted down 0.61%. Danone’s focus remains on turning the region around.