PARIS – French yogurt maker Danone says its net profit rose 14.6 per cent last year on higher sales of its fresh dairy and bottled water brands.
The Paris-based group behind Activia yogurt and Evian water says it made 1.28 billion euros ($1.4 billion) last year, up from 1.12 billion in 2014.
In a statement Tuesday, Danone forecast “volatile and uncertain” economic conditions this year and warned of “difficulties” in markets including China and Brazil. The company has set a goal of “strong, profitable and sustainable” growth by 2020.
Danone shares rose 2.2 per cent to 62.24 euros in early trading on the Paris stock exchange.