ReutersReuters

Danone seen rising on Q1 sales beat, confident tone

** Shares in Danone BN are seen up 2% after the French maker of Activia yoghurt, Evian water and Aptamil posted stronger-than-expected quarterly sales and reiterated 2024 goals

** Danone's Q1 sales rise 4.1% LfL to 6.79 billion euros ($7.26 billion), beating consensus of 6.70 billion

** "A confident tone on 'everything going to plan' in the release is supported by delivery in key areas," says Jefferies

** "This update should see shares as a slight outperformer to peers this morning," Jefferies adds

** Shares have lost 0.24% YTD

($1 = 0.9357 euros)

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