Five weeks after taking office as CEO of Danone, files are piling up for Antoine de Saint-Affrique. While investors hoped that the bulk of the rise in costs had passed to consumer manufacturers, the giant of dairy products, water and specialized nutrition somewhat dampened their hopes on Tuesday, believing that the situation would still be tricky next year.
"Where inflation mainly concerned the cost of raw materials, it has become widespread and now affects our entire supply chain,"
Juergen Esser, Danone's chief financial officer
,
detailed on Tuesday. activity. Above all, the latter expects a
“Widespread acceleration in the price inflation of milk, ingredients, packaging and logistics costs”.
With an increase in costs
"of at least 8%"
in 2022. That is to say as much as the year which is coming to an end.
See also
Action advice - Danone: objectives confirmed despite accelerating inflation
If Danone, who managed to pass
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