{"success":true,"data":{"pressRelease":{"id":"158598","rtpr_id":"nGNEK73Qz-20261001","ticker":"DANO","exchange":"Euronext Paris","all_tickers":["DANO"],"title":"REG-Danone: Q3 2026 Sales Aide-Mémoire","author":"Globe Newswire","published_at":"2026-10-01T15:48:22.736Z","article_body":"Paris, October 1, 2026, at 5:45 PM CEST\n\nQ3 2026 Sales Aide-Mémoire\n\nDanone has compiled this document that sets forth public information\npreviously provided by the Company, ahead of Q3 2026 sales, due for\npublication on October 28, 2026.\n\nPlease refer to Danone’s Results Center for copies of Press Releases,\nPresentations, Webcasts and Transcripts. This can be found on Danone’s\nInvestor Relations website:\nhttps://www.danone.com/investor-relations/results-center.html\n\nI. 2026 GUIDANCE\n\nThe guidance for FY 2026, issued in February 2026 and confirmed in July 2026,\nis in line with the mid-term ambition issued in June 2024:\n* Like-for-like sales growth between +3% and +5% * Recurring operating income\ngrowing faster than sales\nII. SALES\n\nIn H1 2026, sales were up +3.5% on a like-for-like (LFL) basis, with an\nincrease of +1.7% in volume/mix and +1.8% in price. \nIn more details:\n* In Q1, the Company reported LFL sales growth of +2.7%, with +1.5% volume/mix\nand +1.2% price.\n* In Q2, the Company reported LFL sales growth of +4.2%, with +1.9% volume/mix\nand +2.3% price.\nOn a reported basis, H1 2026 sales increased by +1.4%, including, in addition\nto the LFL sales growth:\n* A negative impact from forex (-3.3%);\n* A positive impact from scope (+0.7%), resulting predominantly from the\nacquisition of Kate Farms on July 1, 2025; and\n* A positive contribution from hyperinflation (+0.3%).\nChanges in scope\n* Danone has acquired on February 12, 2026, an additional 1% stake in its\nAustralian Dairy joint-venture with Saputo Dairy Australia after exercising\nits call option, bringing its ownership to 51% and resulting in the financial\nconsolidation of this business.\n* Danone and Arcor completed on August 1, 2026, the creation of their joint\nventure in Argentina, which is thus reflected since August 1st, 2026, within\n‘equity-accounted companies’ in Danone’s financial statements, based on\nthe 50% shareholding. As a result, Danone’s EDP business in Argentina is\nincluded in the scope effect from Q3 2026 onwards.\n* Danone completed on September 4, 2026, the acquisition of Huel, a leading\nplayer in complete, nutritionally balanced meal solutions. Huel is\nconsolidated in Danone’s financial statements from September 1, 2026 and\ntherefore included in the scope effect from Q3 2026 onwards.\n* The Akkermansia Company (TAC) and Kate Farms were acquired respectively on\nJune 25, 2025 and July 1, 2025, and are no longer included in the scope\neffect but in the like-for-like performance from Q3 2026.\nFor further details on the main changes in scope in 2025 and in H1 2026,\nplease refer to Note 4.2 of the 2025 consolidated financial statements\n(https://www.globenewswire.com/Tracker?data=17gk1TDqd-xGYDWPI7iBMK7rveGVlqalcYw2WkvKJvI4U1Fa9RmOGwEypSlox8Egy3ckznxA8cQ45iE0F5JAi4OJxSD_C9j3er5y-E4hp4I5LE3j6i3WQ_ZWpdnrUcXLUHfxbNEuqRzdmE5LwqyJV0mlywIk5-iyea48OdHVu-WR4ISny4il5bqiyuuld5ZCsNeh3LIT8SChs5IBRDJwQ86YZgLqQRK6wkwZfEys1fbvPYjcGV8JNTakYmG_jNoFzPxadah4gfbj5tZtWWoKlU_jyQh2AwcmIHezQgx6B_c=)\nand Note 6.1 of the 2026 interim financial report\n(https://www.globenewswire.com/Tracker?data=17gk1TDqd-xGYDWPI7iBMFX3_SNM8mhhoJ4OSoyDwRyDLZ-U3lPg7Kc6T-7yCthlS6dU89Jp-uOSl998zoCzU0wMtj1UwBuogW-9VNVoz-I3STx_k6ahxmURnMMZmg3c_5qnuL77tPSyJDJX6hBerGjTVuEo30ghyxW5Y5LQUXrUPA-XK_o80My3TYppRqrH-5SomwyXYKP3yg4VUepg6nBZnzfNPz72_22uj98M27VXiSlXQCUGIWWpaXvflK65eCodee8xxeA1zl1Q_amAjw==)\n\nCommentary about LFL growth components\nIn Q2 2026, sales stood at €7,215m, up +4.2% LFL, with a contribution of\n+1.9% from volume/mix and +2.3% from \nprice. ((1)())\n* “We will increase prices selectively across the regions as we go through\nthe third quarter already.” (()(3)())\n * “We are doing price increases as we speak in many, many markets.”( (4))\nCommentary by geographical zone\n\nEurope, Middle East and Africa (EMEA)\nMomentum in the EMEA region improved in Q2. Sales were up +3.6% LFL, led by\nvolume/mix at +2.2% and price at +1.5%. Within the region, Europe delivered\nLFL sales growth of +0.6%, with volume/mix at +0.3% and price at\n+0.3% ((1)(2))\n* “For IMF in EMEA, we are now back to a normal situation in terms of\npresence on shelf. Our focus has now shifted from restoring supply to\nrebuilding trust in the category.” (()(3)()) * “In the Middle East, we\nlost a lot of sales in Q1. It bounced back very quickly in Q2, and we are back\nto where we used to be, in a way, in terms of distribution, sell-out and\nmarket shares.”( ()(4)())\n* “Europe is a mixed bag. What we are seeing is that the category is going a\nlittle bit slower. So there is still credibility to be rebuilt, especially by\nthe leading brands in that sector, and we are confident that we can do\nthat.” ((4))\n* “In Q3, we will launch a new campaign to support these efforts and remind\nconsumers of the quality, nutrition, and expertise that comes with our 50\nyears of early life nutrition research. Although the disruption affecting IMF\nmarket continued into quarter two, we expect the market to progressively\nnormalize throughout the remainder of the year.” (()(3)())  \n \n* “In Q2, our Waters business delivered a solid start to the season, notably\ndriven by our Volvic and evian brands with both plain water and recent aqua\ndrinks innovations under the Volvic brand growing very fast.”( ()(3)())\nAmericas\nIn the Americas, sales were up +4.3% LFL in Q2, with volume/mix at +0.3% and\nprice up +4.0%. Within the region, North America posted LFL sales growth of\n+2.6%, with volume/mix at +0.7% and price at +2.0%.( ()(1))  \n* “In North America, we have previously discussed our dissatisfaction with\nthe competitiveness of parts of our EDP portfolio. We saw some improvements in\nperformance during Q2, which is encouraging. That said, we are still only at\nthe beginning of the journey, and we remain focused on sequentially executing\nthe initiatives that are needed to deliver a sustained improvement in\nperformance overtime.” (()(3)())\n* “Specialized Nutrition performed well across the region in Q2, the Infant\nMilk formula business in Latin America was particularly strong, growing\ndouble-digits, driven by the Aptamil brand.”( ()(3)())  \nAsia Pacific (APAC)\nAPAC delivered +5.2% like-for-like sales growth in Q2, with volume/mix at\n+3.5% and price at +1.6%. Within the region, China, North Asia & Oceania\n(CNAO) posted LFL sales growth of +3.6% with volume/mix at +1.5% and price at\n+2.2%. ((1))\n* “In IMF China, we delivered in Q2 competitive growth in a category that\nhas been normalizing and against high level of comps of last year.” (()(3))\n* “As a reminder, the standout in Q3 2025 was the China, North Asia and\nOceania zone; the team around Bruno delivered exceptional growth in this part\nof the world, with all sub-regions contributing strongly from China to Japan\nto Oceania.” ((5))\n* \"When we talk about normalization of everything we see there, it means that\nyes, the expectation is to go back to mid-single digit contribution over the\nyears to come, thanks to medical nutrition growth and thanks to market share\nwins in early life nutrition, I think we have everything it takes to continue\nwinning that market.”( (4))\n* “We talked Mizone, which was a drag in Q2, which probably will remain a\ndrag in Q3 because the season is not good for beverage companies in China. We\nknow that Indonesia has been very strong in Q2, helped by weather conditions,\nexactly the opposite of what we are having in China.” (()(4)())\nSources\n            ((1)   )2026 H1 Results Press Release\n(https://www.globenewswire.com/Tracker?data=27p30G2gsvxMoFhq87Gwn8CjCH7WUCl5YyYX3xa9hEdLgo66oJqzuSfV0rrMxBoe2O4QKp2A7N5fCcHS36hY7v6ZYpNQOWRjza3BZA17Yhwm-bfeV1KvHqBKLkLOfJfDl7_dFvs1SfZEph8ASc2gzyJBNXOF_lhYcQb1ETMWMZBz1WLFAfu-ODdyqoLtkRpdeaMXnXCBjo4zw4_z0fn-173whqQ-MO-VTd5qOBU22H8=)\n\n            ((2)   )2026 H1 Results Investor Presentation\n(https://www.globenewswire.com/Tracker?data=27p30G2gsvxMoFhq87Gwn41RaZ1IWHmWhBeyIYFpsXqXb3Phia5F5MhxJpMxyhJuGL2Q9DejPIIcqDnixSfWDzrMnkTs452qo8SX6pIhaFtDRTFDBBwg0pouX02DDAtMy7t0m1FYAryeNjgbKFlwfzshx3VDreA7g47Of_oAYHXH_FSGFcRJRmRiawa3ZCilPKS0SLPk8UUsvPZOZkGj8w==)\n\n            ((3)   )2026 H1 Results Investor Call Transcript\n(https://www.globenewswire.com/Tracker?data=5AS1F1NZQ8oQuna95XjIuRXJJ6TWsFNXpqP3oEI2WOK6zdhuIABXjtm_3T1HptUP6oijmYXFE_BDupARDw45GKkuE9N549k_OM_rPcDOEU_fNlpH4AmGhUDupY6YwzuoGYDjziykeANmcpqE7lwaFuktCy1xQsyn6jn2sZlSmkIuyaUHtbD8yW8H1LLTkg4X7gAbid0R7TM2CRHDk_vwIw==)\n\n            Transcript\n(https://www.globenewswire.com/Tracker?data=5AS1F1NZQ8oQuna95XjIuSDosZnH1NVsoPVG60dBAQH6RuOsYIejYDCtIT5bpr9AAFc2ZZYeS5d0RnKmsfla-PXE7nWXeFr8nBoKkSN7COcMYQ8hwoPhr15J-G2bGPw6ubr3qR8srrrlraR_cnIX2mhyhNT_mr1b2uPETDEbaZ33Pp-hGTwXskkPTJU-64z-Ypr2tr4jo20_WT5RWeGvwKVeT3yGApxrcX_0-km2aL8=)((4)   )\nof the fireside chat at Barclays Global Consumer Conference on September 8,\n2026, between Barclays analyst Warren Ackerman, Danone CEO Antoine de\nSaint-Affrique and Danone CFO Juergen Esser.\n            ((5)   )2025 Q3 Sales Investor Call Transcript\n(https://www.globenewswire.com/Tracker?data=5AS1F1NZQ8oQuna95XjIued5MffXk8HKZqXUnD5egrzgQpkYX3nlCTzQ7kO3Mu3-0FakOpbW_pWV1kO0ADSORp2ZLQnCArsWR3DXAQptFkvkV-FJ5hYRbT1vIGEpZ0ZbeMhuFzG5ZPZQ_Fz3xkwKmMFsrXrJyDEEC4WLVC0cxQkLrYOF0VTrGqmOCpK1XHcbYl0PTrQZzzA7lmlWq2Coqg==)\n\nVI. APPENDIX\n\nQuarterly topline evolution\n\n\n\nQuarterly sales and volume/mix by geography and by category\n\nThe regional presentation of sales below reflects the three new geographical\nzones announced by the company, effective January 1, 2026: EMEA (Europe,\nMiddle East and Africa), the Americas and APAC (Asia Pacific).\n\nPlease see the Company’s Press release of March 17, 2026\n(https://www.globenewswire.com/Tracker?data=oT__t2jdiqrGRzeKMbXzOdjeZKsUfXgiR2ID3wThBOVyXqMdnpNpe0xf86w1MBXRryhQdGzSll40ohkayGH0MyKtBtGOrisQDoOLlkUJV6X1vQLDI6ep9i-LtoPzzUQdRqc_krZskmaRmmXR7DQiljaMY1PqDwTCkmc7IcXAzTTkNhlDQ3v4xyewB5Z8bk-3Cvjvhd_laBYelB7Hqa05CUlijdkRu-MavoOVRmZflHvz2Aio7-NrwOZwjbH-aCSUlnTHet4c4XIJHNCGToxwDQ==),\nfor more detail.\n\n Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 \n LFL growth Vol/mix LFL growth Vol/mix LFL growth Vol/mix LFL growth Vol/mix LFL growth Vol/mix \n By geographical zone \n EMEA +4.6% +2.5% +4.3% +2.0% +3.9% +2.3% +0.6% -1.4% +3.6% +2.2% \n Americas +2.3% -0.5% +3.0% -0.4% +3.2% -0.1% +3.4% +2.5% +4.3% +0.3% \n APAC +9.0% +10.2% +8.3% +8.4% +7.6% +7.9% +6.0% +6.2% +5.2% +3.5% \n By category \n EDP +3.5% +1.7% +3.8% +1.6% +3.5% +1.7% +3.4% +2.1% +3.8% +2.4% \n Specialized Nutrition +8.3% +6.5% +7.2% +5.4% +7.4% +5.5% +1.9% +1.3% +4.5% +0.7% \n Waters +2.3% +1.3% +2.2% -0.5% +1.9% +0.3% +2.3% +0.3% +4.7% +2.6% \n \n TOTAL +4.8% +3.2% +4.7% +2.5% +4.5% +2.7% +2.7% +1.5% +4.2% +1.9% \n\nQuarterly sales by geography by category\n\n Q3 2025 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,404 +3.8% 1,748 +2.7% 103 +14.3% 3,255 +3.5% \n Specialized Nutrition 1,058 +5.8% 273 +8.1% 969 +11.1% 2,299 +8.3% \n Waters 645 +4.4% 233 -5.5% 444 +3.5% 1,322 +2.3% \n Total Company 3,107 +4.6% 2,253 +2.3% 1,516 +9.0% 6,876 +4.8% \n\n\n\n Q4 2025 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,428 +4.4% 1,757 +2.5% 103 +19.4% 3,288 +3.8% \n Specialized Nutrition 1,063 +3.4% 287 +9.6% 1,022 +10.6% 2,372 +7.2% \n Waters 510 +5.8% 239 +0.9% 274 -2.4% 1,023 +2.2% \n Total Company 3,002 +4.3% 2,283 +3.0% 1,399 +8.3% 6,684 +4.7% \n\n\n\n FY 2025 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 5,641 +3.3% 7,108 +3.2% 409 +12.7% 13,158 +3.5% \n Specialized Nutrition 4,273 +4.4% 991 +10.6% 4,013 +9.9% 9,277 +7.4% \n Waters 2,298 +4.4% 1,009 -2.2% 1,541 +1.1% 4,848 +1.9% \n Total Company 12,212 +3.9% 9,108 +3.2% 5,963 +7.6% 27,283 +4.5% \n\n\n\n Q1 2026 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,442 +3.2% 1,767 +3.0% 95 +14.2% 3,304 +3.4% \n Specialized Nutrition 999 -4.3% 256 +8.9% 1,015 +7.4% 2,271 +1.9% \n Waters 518 +3.4% 266 +2.6% 349 +0.4% 1,134 +2.3% \n Total Company 2,959 +0.6% 2,290 +3.4% 1,459 +6.0% 6,708 +2.7% \n\n\n\n Q2 2026 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,435 +3.1% 1,799 +3.7% 139 +13.0% 3,372 +3.8% \n Specialized Nutrition 1,087 +2.9% 301 +12.9% 1,065 +4.4% 2,453 +4.5% \n Waters 643 +6.0% 295 +1.3% 453 +5.2% 1,390 +4.7% \n Total Company 3,165 +3.6% 2,394 +4.3% 1,656 +5.2% 7,215 +4.2% \n\nReminder of recent developments\n* September 21, 2026: Danone successfully issued a triple-tranche bond\noffering with a total amount of €1.5 billion, comprising: * a\n€500 million tranche of 18-month notes, carrying a floating coupon of\n3-month Euribor +0.30%;\n* a €500 million tranche of 5-year notes, carrying a 4.0910 % coupon;\n* a €500 million tranche of 9-year notes, carrying a 4.4180 % coupon.\nThe settlement took place on September 28, 2026, and the bonds were listed on\nEuronext Paris.\n* September 4, 2026: Danone has completed its acquisition of Huel, a leading\nplayer in complete, nutritionally balanced meal solutions. By combining the\ndirect-to-consumer and community engagement capabilities of Huel with the\nscale and global reach of Danone, more consumers will have access to\nnutritionally complete and convenient, sustainable food. Huel will be\nconsolidated in Danone’s financial statements from September 1, 2026.\n\n\n* August 3, 2026: Danone and Arcor have completed the creation of their joint\nventure to unlock new dairy opportunities in Argentina. This new partnership\ncombines: \n\n * Danone’s dairy business in Argentina (Danone Argentina SA), with thirty\nyears presence in Argentina, deeply rooted in families’ daily lives;\n* Mastellone Hermanos SA, a company with deep heritage in Argentina’s dairy\nmarket, spanning almost a century;\n* Logistica La Serenísima, their common logistics subsidiary.\nBuilding on the pair’s over two-decade long partnership, this alliance\ncreates an integrated business, leveraging the strengths and scale of both\ncompanies to deliver greater and faster innovation, enhanced operational\nexcellence and increased commercial reach across the category, for the benefit\nof all Argentinian consumers. \nDanone now holds equal control of the joint venture with Arcor, and it is thus\nreflected since August 1, 2026, within ‘equity-accounted companies’ in\nDanone’s financial statements, based on the 50% shareholding.\n\no o O o o\n\nDISCLAIMER AND FORWARD-LOOKING STATEMENTS\n\nThis press release contains certain forward-looking statements concerning\nDanone that are subject to risks and uncertainties. In some cases, you can\nidentify these forward-looking statements by forward-looking words, such as\n“estimate”, “expect”, “anticipate”, “project”, “plan”,\n“intend”, “objective”, “believe”, “forecast”, “guidance”,\n“foresee”, “likely”, “may”, “should”, “goal”,\n“target”, “might”, “will”, “could”, “predict”,\n“continue”, “convinced” and “confident,” the negative or plural of\nthese words and other comparable terminology, or by using future dates.\nForward looking statements in this document include, but are not limited to,\npredictions of future activities, operations, direction, performance and\nresults of Danone.\n\nThese forward-looking statements are subject to numerous risks and\nuncertainties, which could cause actual results to differ materially from\nthose anticipated in these forward-looking statements. For a detailed\ndescription of these risks and uncertainties, please refer to the “Risk\nFactors” section of Danone’s Universal Registration Document (the current\nversion of which is available at www.danone.com).\n\nSubject to regulatory requirements, Danone does not undertake to publicly\nupdate or revise any of these forward-looking statements. This document does\nnot constitute an offer to sell, or a solicitation of an offer to buy Danone\nsecurities.\n\nAll references in this document to like-for-like changes correspond to\nfinancial indicators not defined in IFRS. Please refer to the financial press\nreleases issued by the Company (available on www.danone.com) – in particular\nthe press release on FY 2025 results published on February 20, 2026, for the\ndefinitions and reconciliation with financial statements of financial\nindicators not defined in IFRS, as well as for further details on IAS 29\n(Financial reporting in hyperinflationary economies) and for the definition of\nthe geographical zones. The 2025 Universal Registration Document (available on\nwww.danone.com) also includes the definition of financial indicators non\ndefined in IFRS (in section 2.6, page 60.)\n\nDue to rounding, the sum of values presented in this document may differ from\ntotals as reported. Such differences are not material.\n\nAttachment\n* Danone Q3 2026 aide-mémoire\n(https://ml-eu.globenewswire.com/Resource/Download/f4698a81-5001-4d9f-9130-5b19d3ff7619)","article_body_html":"","raw_payload":{"data":{"id":"nGNEK73Qz-20261001","title":"REG-Danone: Q3 2026 Sales Aide-Mémoire","author":"Globe Newswire","ticker":"DANO","created":"2026-10-01T15:48:22.736Z","tickers":["DANO"],"exchange":"Euronext Paris","article_body":"Paris, October 1, 2026, at 5:45 PM CEST\n\nQ3 2026 Sales Aide-Mémoire\n\nDanone has compiled this document that sets forth public information\npreviously provided by the Company, ahead of Q3 2026 sales, due for\npublication on October 28, 2026.\n\nPlease refer to Danone’s Results Center for copies of Press Releases,\nPresentations, Webcasts and Transcripts. This can be found on Danone’s\nInvestor Relations website:\nhttps://www.danone.com/investor-relations/results-center.html\n\nI. 2026 GUIDANCE\n\nThe guidance for FY 2026, issued in February 2026 and confirmed in July 2026,\nis in line with the mid-term ambition issued in June 2024:\n* Like-for-like sales growth between +3% and +5% * Recurring operating income\ngrowing faster than sales\nII. SALES\n\nIn H1 2026, sales were up +3.5% on a like-for-like (LFL) basis, with an\nincrease of +1.7% in volume/mix and +1.8% in price. \nIn more details:\n* In Q1, the Company reported LFL sales growth of +2.7%, with +1.5% volume/mix\nand +1.2% price.\n* In Q2, the Company reported LFL sales growth of +4.2%, with +1.9% volume/mix\nand +2.3% price.\nOn a reported basis, H1 2026 sales increased by +1.4%, including, in addition\nto the LFL sales growth:\n* A negative impact from forex (-3.3%);\n* A positive impact from scope (+0.7%), resulting predominantly from the\nacquisition of Kate Farms on July 1, 2025; and\n* A positive contribution from hyperinflation (+0.3%).\nChanges in scope\n* Danone has acquired on February 12, 2026, an additional 1% stake in its\nAustralian Dairy joint-venture with Saputo Dairy Australia after exercising\nits call option, bringing its ownership to 51% and resulting in the financial\nconsolidation of this business.\n* Danone and Arcor completed on August 1, 2026, the creation of their joint\nventure in Argentina, which is thus reflected since August 1st, 2026, within\n‘equity-accounted companies’ in Danone’s financial statements, based on\nthe 50% shareholding. As a result, Danone’s EDP business in Argentina is\nincluded in the scope effect from Q3 2026 onwards.\n* Danone completed on September 4, 2026, the acquisition of Huel, a leading\nplayer in complete, nutritionally balanced meal solutions. Huel is\nconsolidated in Danone’s financial statements from September 1, 2026 and\ntherefore included in the scope effect from Q3 2026 onwards.\n* The Akkermansia Company (TAC) and Kate Farms were acquired respectively on\nJune 25, 2025 and July 1, 2025, and are no longer included in the scope\neffect but in the like-for-like performance from Q3 2026.\nFor further details on the main changes in scope in 2025 and in H1 2026,\nplease refer to Note 4.2 of the 2025 consolidated financial statements\n(https://www.globenewswire.com/Tracker?data=17gk1TDqd-xGYDWPI7iBMK7rveGVlqalcYw2WkvKJvI4U1Fa9RmOGwEypSlox8Egy3ckznxA8cQ45iE0F5JAi4OJxSD_C9j3er5y-E4hp4I5LE3j6i3WQ_ZWpdnrUcXLUHfxbNEuqRzdmE5LwqyJV0mlywIk5-iyea48OdHVu-WR4ISny4il5bqiyuuld5ZCsNeh3LIT8SChs5IBRDJwQ86YZgLqQRK6wkwZfEys1fbvPYjcGV8JNTakYmG_jNoFzPxadah4gfbj5tZtWWoKlU_jyQh2AwcmIHezQgx6B_c=)\nand Note 6.1 of the 2026 interim financial report\n(https://www.globenewswire.com/Tracker?data=17gk1TDqd-xGYDWPI7iBMFX3_SNM8mhhoJ4OSoyDwRyDLZ-U3lPg7Kc6T-7yCthlS6dU89Jp-uOSl998zoCzU0wMtj1UwBuogW-9VNVoz-I3STx_k6ahxmURnMMZmg3c_5qnuL77tPSyJDJX6hBerGjTVuEo30ghyxW5Y5LQUXrUPA-XK_o80My3TYppRqrH-5SomwyXYKP3yg4VUepg6nBZnzfNPz72_22uj98M27VXiSlXQCUGIWWpaXvflK65eCodee8xxeA1zl1Q_amAjw==)\n\nCommentary about LFL growth components\nIn Q2 2026, sales stood at €7,215m, up +4.2% LFL, with a contribution of\n+1.9% from volume/mix and +2.3% from \nprice. ((1)())\n* “We will increase prices selectively across the regions as we go through\nthe third quarter already.” (()(3)())\n * “We are doing price increases as we speak in many, many markets.”( (4))\nCommentary by geographical zone\n\nEurope, Middle East and Africa (EMEA)\nMomentum in the EMEA region improved in Q2. Sales were up +3.6% LFL, led by\nvolume/mix at +2.2% and price at +1.5%. Within the region, Europe delivered\nLFL sales growth of +0.6%, with volume/mix at +0.3% and price at\n+0.3% ((1)(2))\n* “For IMF in EMEA, we are now back to a normal situation in terms of\npresence on shelf. Our focus has now shifted from restoring supply to\nrebuilding trust in the category.” (()(3)()) * “In the Middle East, we\nlost a lot of sales in Q1. It bounced back very quickly in Q2, and we are back\nto where we used to be, in a way, in terms of distribution, sell-out and\nmarket shares.”( ()(4)())\n* “Europe is a mixed bag. What we are seeing is that the category is going a\nlittle bit slower. So there is still credibility to be rebuilt, especially by\nthe leading brands in that sector, and we are confident that we can do\nthat.” ((4))\n* “In Q3, we will launch a new campaign to support these efforts and remind\nconsumers of the quality, nutrition, and expertise that comes with our 50\nyears of early life nutrition research. Although the disruption affecting IMF\nmarket continued into quarter two, we expect the market to progressively\nnormalize throughout the remainder of the year.” (()(3)())  \n \n* “In Q2, our Waters business delivered a solid start to the season, notably\ndriven by our Volvic and evian brands with both plain water and recent aqua\ndrinks innovations under the Volvic brand growing very fast.”( ()(3)())\nAmericas\nIn the Americas, sales were up +4.3% LFL in Q2, with volume/mix at +0.3% and\nprice up +4.0%. Within the region, North America posted LFL sales growth of\n+2.6%, with volume/mix at +0.7% and price at +2.0%.( ()(1))  \n* “In North America, we have previously discussed our dissatisfaction with\nthe competitiveness of parts of our EDP portfolio. We saw some improvements in\nperformance during Q2, which is encouraging. That said, we are still only at\nthe beginning of the journey, and we remain focused on sequentially executing\nthe initiatives that are needed to deliver a sustained improvement in\nperformance overtime.” (()(3)())\n* “Specialized Nutrition performed well across the region in Q2, the Infant\nMilk formula business in Latin America was particularly strong, growing\ndouble-digits, driven by the Aptamil brand.”( ()(3)())  \nAsia Pacific (APAC)\nAPAC delivered +5.2% like-for-like sales growth in Q2, with volume/mix at\n+3.5% and price at +1.6%. Within the region, China, North Asia & Oceania\n(CNAO) posted LFL sales growth of +3.6% with volume/mix at +1.5% and price at\n+2.2%. ((1))\n* “In IMF China, we delivered in Q2 competitive growth in a category that\nhas been normalizing and against high level of comps of last year.” (()(3))\n* “As a reminder, the standout in Q3 2025 was the China, North Asia and\nOceania zone; the team around Bruno delivered exceptional growth in this part\nof the world, with all sub-regions contributing strongly from China to Japan\nto Oceania.” ((5))\n* \"When we talk about normalization of everything we see there, it means that\nyes, the expectation is to go back to mid-single digit contribution over the\nyears to come, thanks to medical nutrition growth and thanks to market share\nwins in early life nutrition, I think we have everything it takes to continue\nwinning that market.”( (4))\n* “We talked Mizone, which was a drag in Q2, which probably will remain a\ndrag in Q3 because the season is not good for beverage companies in China. We\nknow that Indonesia has been very strong in Q2, helped by weather conditions,\nexactly the opposite of what we are having in China.” (()(4)())\nSources\n            ((1)   )2026 H1 Results Press Release\n(https://www.globenewswire.com/Tracker?data=27p30G2gsvxMoFhq87Gwn8CjCH7WUCl5YyYX3xa9hEdLgo66oJqzuSfV0rrMxBoe2O4QKp2A7N5fCcHS36hY7v6ZYpNQOWRjza3BZA17Yhwm-bfeV1KvHqBKLkLOfJfDl7_dFvs1SfZEph8ASc2gzyJBNXOF_lhYcQb1ETMWMZBz1WLFAfu-ODdyqoLtkRpdeaMXnXCBjo4zw4_z0fn-173whqQ-MO-VTd5qOBU22H8=)\n\n            ((2)   )2026 H1 Results Investor Presentation\n(https://www.globenewswire.com/Tracker?data=27p30G2gsvxMoFhq87Gwn41RaZ1IWHmWhBeyIYFpsXqXb3Phia5F5MhxJpMxyhJuGL2Q9DejPIIcqDnixSfWDzrMnkTs452qo8SX6pIhaFtDRTFDBBwg0pouX02DDAtMy7t0m1FYAryeNjgbKFlwfzshx3VDreA7g47Of_oAYHXH_FSGFcRJRmRiawa3ZCilPKS0SLPk8UUsvPZOZkGj8w==)\n\n            ((3)   )2026 H1 Results Investor Call Transcript\n(https://www.globenewswire.com/Tracker?data=5AS1F1NZQ8oQuna95XjIuRXJJ6TWsFNXpqP3oEI2WOK6zdhuIABXjtm_3T1HptUP6oijmYXFE_BDupARDw45GKkuE9N549k_OM_rPcDOEU_fNlpH4AmGhUDupY6YwzuoGYDjziykeANmcpqE7lwaFuktCy1xQsyn6jn2sZlSmkIuyaUHtbD8yW8H1LLTkg4X7gAbid0R7TM2CRHDk_vwIw==)\n\n            Transcript\n(https://www.globenewswire.com/Tracker?data=5AS1F1NZQ8oQuna95XjIuSDosZnH1NVsoPVG60dBAQH6RuOsYIejYDCtIT5bpr9AAFc2ZZYeS5d0RnKmsfla-PXE7nWXeFr8nBoKkSN7COcMYQ8hwoPhr15J-G2bGPw6ubr3qR8srrrlraR_cnIX2mhyhNT_mr1b2uPETDEbaZ33Pp-hGTwXskkPTJU-64z-Ypr2tr4jo20_WT5RWeGvwKVeT3yGApxrcX_0-km2aL8=)((4)   )\nof the fireside chat at Barclays Global Consumer Conference on September 8,\n2026, between Barclays analyst Warren Ackerman, Danone CEO Antoine de\nSaint-Affrique and Danone CFO Juergen Esser.\n            ((5)   )2025 Q3 Sales Investor Call Transcript\n(https://www.globenewswire.com/Tracker?data=5AS1F1NZQ8oQuna95XjIued5MffXk8HKZqXUnD5egrzgQpkYX3nlCTzQ7kO3Mu3-0FakOpbW_pWV1kO0ADSORp2ZLQnCArsWR3DXAQptFkvkV-FJ5hYRbT1vIGEpZ0ZbeMhuFzG5ZPZQ_Fz3xkwKmMFsrXrJyDEEC4WLVC0cxQkLrYOF0VTrGqmOCpK1XHcbYl0PTrQZzzA7lmlWq2Coqg==)\n\nVI. APPENDIX\n\nQuarterly topline evolution\n\n\n\nQuarterly sales and volume/mix by geography and by category\n\nThe regional presentation of sales below reflects the three new geographical\nzones announced by the company, effective January 1, 2026: EMEA (Europe,\nMiddle East and Africa), the Americas and APAC (Asia Pacific).\n\nPlease see the Company’s Press release of March 17, 2026\n(https://www.globenewswire.com/Tracker?data=oT__t2jdiqrGRzeKMbXzOdjeZKsUfXgiR2ID3wThBOVyXqMdnpNpe0xf86w1MBXRryhQdGzSll40ohkayGH0MyKtBtGOrisQDoOLlkUJV6X1vQLDI6ep9i-LtoPzzUQdRqc_krZskmaRmmXR7DQiljaMY1PqDwTCkmc7IcXAzTTkNhlDQ3v4xyewB5Z8bk-3Cvjvhd_laBYelB7Hqa05CUlijdkRu-MavoOVRmZflHvz2Aio7-NrwOZwjbH-aCSUlnTHet4c4XIJHNCGToxwDQ==),\nfor more detail.\n\n Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 \n LFL growth Vol/mix LFL growth Vol/mix LFL growth Vol/mix LFL growth Vol/mix LFL growth Vol/mix \n By geographical zone \n EMEA +4.6% +2.5% +4.3% +2.0% +3.9% +2.3% +0.6% -1.4% +3.6% +2.2% \n Americas +2.3% -0.5% +3.0% -0.4% +3.2% -0.1% +3.4% +2.5% +4.3% +0.3% \n APAC +9.0% +10.2% +8.3% +8.4% +7.6% +7.9% +6.0% +6.2% +5.2% +3.5% \n By category \n EDP +3.5% +1.7% +3.8% +1.6% +3.5% +1.7% +3.4% +2.1% +3.8% +2.4% \n Specialized Nutrition +8.3% +6.5% +7.2% +5.4% +7.4% +5.5% +1.9% +1.3% +4.5% +0.7% \n Waters +2.3% +1.3% +2.2% -0.5% +1.9% +0.3% +2.3% +0.3% +4.7% +2.6% \n \n TOTAL +4.8% +3.2% +4.7% +2.5% +4.5% +2.7% +2.7% +1.5% +4.2% +1.9% \n\nQuarterly sales by geography by category\n\n Q3 2025 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,404 +3.8% 1,748 +2.7% 103 +14.3% 3,255 +3.5% \n Specialized Nutrition 1,058 +5.8% 273 +8.1% 969 +11.1% 2,299 +8.3% \n Waters 645 +4.4% 233 -5.5% 444 +3.5% 1,322 +2.3% \n Total Company 3,107 +4.6% 2,253 +2.3% 1,516 +9.0% 6,876 +4.8% \n\n\n\n Q4 2025 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,428 +4.4% 1,757 +2.5% 103 +19.4% 3,288 +3.8% \n Specialized Nutrition 1,063 +3.4% 287 +9.6% 1,022 +10.6% 2,372 +7.2% \n Waters 510 +5.8% 239 +0.9% 274 -2.4% 1,023 +2.2% \n Total Company 3,002 +4.3% 2,283 +3.0% 1,399 +8.3% 6,684 +4.7% \n\n\n\n FY 2025 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 5,641 +3.3% 7,108 +3.2% 409 +12.7% 13,158 +3.5% \n Specialized Nutrition 4,273 +4.4% 991 +10.6% 4,013 +9.9% 9,277 +7.4% \n Waters 2,298 +4.4% 1,009 -2.2% 1,541 +1.1% 4,848 +1.9% \n Total Company 12,212 +3.9% 9,108 +3.2% 5,963 +7.6% 27,283 +4.5% \n\n\n\n Q1 2026 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,442 +3.2% 1,767 +3.0% 95 +14.2% 3,304 +3.4% \n Specialized Nutrition 999 -4.3% 256 +8.9% 1,015 +7.4% 2,271 +1.9% \n Waters 518 +3.4% 266 +2.6% 349 +0.4% 1,134 +2.3% \n Total Company 2,959 +0.6% 2,290 +3.4% 1,459 +6.0% 6,708 +2.7% \n\n\n\n Q2 2026 EMEA Americas APAC Total \n Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) Sales (€m) LFL sales growth (%) \n \n EDP 1,435 +3.1% 1,799 +3.7% 139 +13.0% 3,372 +3.8% \n Specialized Nutrition 1,087 +2.9% 301 +12.9% 1,065 +4.4% 2,453 +4.5% \n Waters 643 +6.0% 295 +1.3% 453 +5.2% 1,390 +4.7% \n Total Company 3,165 +3.6% 2,394 +4.3% 1,656 +5.2% 7,215 +4.2% \n\nReminder of recent developments\n* September 21, 2026: Danone successfully issued a triple-tranche bond\noffering with a total amount of €1.5 billion, comprising: * a\n€500 million tranche of 18-month notes, carrying a floating coupon of\n3-month Euribor +0.30%;\n* a €500 million tranche of 5-year notes, carrying a 4.0910 % coupon;\n* a €500 million tranche of 9-year notes, carrying a 4.4180 % coupon.\nThe settlement took place on September 28, 2026, and the bonds were listed on\nEuronext Paris.\n* September 4, 2026: Danone has completed its acquisition of Huel, a leading\nplayer in complete, nutritionally balanced meal solutions. By combining the\ndirect-to-consumer and community engagement capabilities of Huel with the\nscale and global reach of Danone, more consumers will have access to\nnutritionally complete and convenient, sustainable food. Huel will be\nconsolidated in Danone’s financial statements from September 1, 2026.\n\n\n* August 3, 2026: Danone and Arcor have completed the creation of their joint\nventure to unlock new dairy opportunities in Argentina. This new partnership\ncombines: \n\n * Danone’s dairy business in Argentina (Danone Argentina SA), with thirty\nyears presence in Argentina, deeply rooted in families’ daily lives;\n* Mastellone Hermanos SA, a company with deep heritage in Argentina’s dairy\nmarket, spanning almost a century;\n* Logistica La Serenísima, their common logistics subsidiary.\nBuilding on the pair’s over two-decade long partnership, this alliance\ncreates an integrated business, leveraging the strengths and scale of both\ncompanies to deliver greater and faster innovation, enhanced operational\nexcellence and increased commercial reach across the category, for the benefit\nof all Argentinian consumers. \nDanone now holds equal control of the joint venture with Arcor, and it is thus\nreflected since August 1, 2026, within ‘equity-accounted companies’ in\nDanone’s financial statements, based on the 50% shareholding.\n\no o O o o\n\nDISCLAIMER AND FORWARD-LOOKING STATEMENTS\n\nThis press release contains certain forward-looking statements concerning\nDanone that are subject to risks and uncertainties. In some cases, you can\nidentify these forward-looking statements by forward-looking words, such as\n“estimate”, “expect”, “anticipate”, “project”, “plan”,\n“intend”, “objective”, “believe”, “forecast”, “guidance”,\n“foresee”, “likely”, “may”, “should”, “goal”,\n“target”, “might”, “will”, “could”, “predict”,\n“continue”, “convinced” and “confident,” the negative or plural of\nthese words and other comparable terminology, or by using future dates.\nForward looking statements in this document include, but are not limited to,\npredictions of future activities, operations, direction, performance and\nresults of Danone.\n\nThese forward-looking statements are subject to numerous risks and\nuncertainties, which could cause actual results to differ materially from\nthose anticipated in these forward-looking statements. For a detailed\ndescription of these risks and uncertainties, please refer to the “Risk\nFactors” section of Danone’s Universal Registration Document (the current\nversion of which is available at www.danone.com).\n\nSubject to regulatory requirements, Danone does not undertake to publicly\nupdate or revise any of these forward-looking statements. This document does\nnot constitute an offer to sell, or a solicitation of an offer to buy Danone\nsecurities.\n\nAll references in this document to like-for-like changes correspond to\nfinancial indicators not defined in IFRS. Please refer to the financial press\nreleases issued by the Company (available on www.danone.com) – in particular\nthe press release on FY 2025 results published on February 20, 2026, for the\ndefinitions and reconciliation with financial statements of financial\nindicators not defined in IFRS, as well as for further details on IAS 29\n(Financial reporting in hyperinflationary economies) and for the definition of\nthe geographical zones. The 2025 Universal Registration Document (available on\nwww.danone.com) also includes the definition of financial indicators non\ndefined in IFRS (in section 2.6, page 60.)\n\nDue to rounding, the sum of values presented in this document may differ from\ntotals as reported. Such differences are not material.\n\nAttachment\n* Danone Q3 2026 aide-mémoire\n(https://ml-eu.globenewswire.com/Resource/Download/f4698a81-5001-4d9f-9130-5b19d3ff7619)"},"type":"article","timestamp":"2026-10-01T15:48:22.834718516Z","server_sent_at_ms":1790869702834},"received_at":"2026-10-01T15:48:22.989Z","source_url":null},"analysis":{"id":"147222","press_release_id":"158598","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":["Mizone expected to remain a drag in Q3 due to poor beverage season in China","Negative forex impact (-3.3%) on H1 reported sales"],"eventType":"operations_update","narrative":"Danone published a Q3 2026 sales aide-mémoire compiling previously disclosed information ahead of Q3 sales due October 28, 2026.\n\nThe recap confirms FY 2026 guidance of +3% to +5% like-for-like sales growth with recurring operating income growing faster than sales; H1 2026 LFL sales rose +3.5%, with Q2 at +4.2% LFL on sales of €7,215m.\n\nRecent developments restated include the Huel acquisition completed September 4, the 50/50 Arcor Argentina dairy JV completed August 1, consolidation of the Australian dairy JV, and a €1.5 billion triple-tranche bond offering in September.\n\nNo new information is disclosed; management commentary flags selective price increases in Q3 and a expected drag from Mizone in China.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine pre-results recap with no new data — set reminder for actual Q3 sales release on October 28, 2026."},"keyFigures":{"guidance":"FY 2026 like-for-like sales growth +3% to +5%; recurring operating income growing faster than sales (issued Feb 2026, confirmed July 2026)","revenueYoy":"H1 2026 +3.5% LFL; Q2 2026 +4.2% LFL","customDimensions":{"forex_impact_h1":"-3.3%","q1_2026_lfl_growth":"+2.7%","q2_2026_lfl_growth":"+4.2%","bond_offering_total":"€1.5 billion triple-tranche (3 tranches of €500M: 18-month at 3M Euribor +0.30%, 5-year at 4.0910%, 9-year at 4.4180%)","q2_2026_sales_eur_m":7215,"h1_2026_reported_growth":"+1.4%"}},"quotedText":"We will increase prices selectively across the regions as we go through the third quarter already.","namedEntities":{"people":[{"name":"Antoine de Saint-Affrique","role":"CEO"},{"name":"Juergen Esser","role":"CFO"},{"name":"Warren Ackerman","role":"Barclays analyst"}],"products":["Volvic","evian","Aptamil","Mizone"],"companies":[{"name":"Danone","ticker":"DANO","relationship":"filer"},{"name":"Huel","relationship":"acquisition (completed Sept 4, 2026)"},{"name":"Arcor","relationship":"joint-venture partner (Argentina dairy JV, 50/50)"},{"name":"Saputo Dairy Australia","relationship":"joint-venture partner"},{"name":"Kate Farms","relationship":"acquisition (July 1, 2025)"},{"name":"The Akkermansia Company","relationship":"acquisition (June 25, 2025)"},{"name":"Mastellone Hermanos SA","relationship":"JV partner (Argentina)"},{"name":"Barclays","relationship":"analyst/host of fireside chat"}],"dollarAmounts":[{"amount":"€7,215m","context":"Q2 2026 sales"},{"amount":"€1.5 billion","context":"September 2026 triple-tranche bond offering"},{"amount":"€500 million","context":"each tranche of the September 2026 bond offering"},{"amount":"€27,283m","context":"FY 2025 total sales"}]},"materialImpact":{"score":1,"reasoning":"This is an aide-mémoire compiling previously disclosed public information ahead of Q3 2026 sales on October 28, 2026. No new financial data, guidance change, or material event is announced."},"tickerRelevance":{"others":[],"primary":"DANO"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"note":"Material only as a reminder for the October 28 Q3 sales release","tickerTier":"large-cap-global-consumer-staples","eventGravity":"recap-no-new-information","issuerAuthored":true}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Danone published a Q3 2026 sales aide-mémoire compiling previously disclosed information ahead of Q3 sales due October 28, 2026.\n\nThe recap confirms FY 2026 guidance of +3% to +5% like-for-like sales growth with recurring operating income growing faster than sales; H1 2026 LFL sales rose +3.5%, with Q2 at +4.2% LFL on sales of €7,215m.\n\nRecent developments restated include the Huel acquisition completed September 4, the 50/50 Arcor Argentina dairy JV completed August 1, consolidation of the Australian dairy JV, and a €1.5 billion triple-tranche bond offering in September.\n\nNo new information is disclosed; management commentary flags selective price increases in Q3 and a expected drag from Mizone in China.","key_figures":{"guidance":"FY 2026 like-for-like sales growth +3% to +5%; recurring operating income growing faster than sales (issued Feb 2026, confirmed July 2026)","revenueYoy":"H1 2026 +3.5% LFL; Q2 2026 +4.2% LFL","customDimensions":{"forex_impact_h1":"-3.3%","q1_2026_lfl_growth":"+2.7%","q2_2026_lfl_growth":"+4.2%","bond_offering_total":"€1.5 billion triple-tranche (3 tranches of €500M: 18-month at 3M Euribor +0.30%, 5-year at 4.0910%, 9-year at 4.4180%)","q2_2026_sales_eur_m":7215,"h1_2026_reported_growth":"+1.4%"}},"named_entities":{"people":[{"name":"Antoine de Saint-Affrique","role":"CEO"},{"name":"Juergen Esser","role":"CFO"},{"name":"Warren Ackerman","role":"Barclays analyst"}],"products":["Volvic","evian","Aptamil","Mizone"],"companies":[{"name":"Danone","ticker":"DANO","relationship":"filer"},{"name":"Huel","relationship":"acquisition (completed Sept 4, 2026)"},{"name":"Arcor","relationship":"joint-venture partner (Argentina dairy JV, 50/50)"},{"name":"Saputo Dairy Australia","relationship":"joint-venture partner"},{"name":"Kate Farms","relationship":"acquisition (July 1, 2025)"},{"name":"The Akkermansia Company","relationship":"acquisition (June 25, 2025)"},{"name":"Mastellone Hermanos SA","relationship":"JV partner (Argentina)"},{"name":"Barclays","relationship":"analyst/host of fireside chat"}],"dollarAmounts":[{"amount":"€7,215m","context":"Q2 2026 sales"},{"amount":"€1.5 billion","context":"September 2026 triple-tranche bond offering"},{"amount":"€500 million","context":"each tranche of the September 2026 bond offering"},{"amount":"€27,283m","context":"FY 2025 total sales"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-01T15:48:31.688Z","global_importance":25,"audience_relevance":30,"importance_components":{"note":"Material only as a reminder for the October 28 Q3 sales release","tickerTier":"large-cap-global-consumer-staples","eventGravity":"recap-no-new-information","issuerAuthored":true}},"durationMs":8674,"modelName":"glm-5.3-flashx"}}