Danone S.A. (DANOY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Danone First Quarter 2025 Sales Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. And I'd like to hand the conference over to Mathilde Rorty, Donan's Head of Investor Relations. Please go ahead. Thank you, and good morning, everyone. Thank you for being with us this morning for Q1 Self-Call. I'm with Jürgen Esser, our CFO, who will go through some prepared remarks before taking your questions. And before we start, I would like to draw your attention to our disclaimer on page 19 related to forward-looking statements and the definition of financial indicators that we will refer to during the presentation. And with that, let me hand it over to Jorgen. Thank you Mathilde and good morning and a very warm welcome to everyone on the call. I hope you are well and thank you for being with us this morning to discuss our Q125 results. I propose that we go straight into it starting with page number two. As highlighted in our press release, we are pleased to report a strong start to the year with another quarter of quality growth with like-for-like sales up plus 4.3%. Our consistent performance at or above 4% for some time now underscores the strength of our execution and the relevance of our health-focused portfolio. This portfolio offers us growth opportunities consistently above the average of the food and beverage sector, fostering resilience despite these uncertain times. In Q1, we saw solid contribution...