Danone Sales Rise on High-Protein, Medical Nutrition Demand

Danone SA reported higher sales in the fourth quarter, buoyed by protein-rich yogurts and fortified drinks for cancer patients.

Like-for-like sales rose 4.7%, the producer of Activia yogurt said Friday, above the 4.4% estimate of analysts in a Bloomberg survey. Danone forecast sales growth of between 3% and 5% for this year.