Danone announced on Thursday that it expects like-for-like annual sales growth of 3% to 5% between 2025 and 2028, as it presented the second part of its strategic plan, entitled "Renew".

In a press release, the group adds that it expects its operating income recurring to grow faster than sales over the period.

The achievement of these objectives should lead to a double-digit return on capital employed (ROIC) and, in the long term, to progress towards a free cash flow of three billion euros, says Danone.

(Written by Augustin Turpin, edited by Blandine Hénault)