French food group Danone has forecast like-for-like sales growth of between 3-5% this year as economic conditions remain volatile and uncertain, notably in emerging markets.
The company, which is the world's largest yoghurt maker, also predicted a solid improvement in its operating margin.
The maker of Activia and Actimel yoghurt, Evian water and Bledina baby food said underlying sales in 2015 grew 4.4% to €22.412 billion, helped by recovering baby food sales in Asia and an improving core dairy division.
This was slightly above the analyst consensus of 4.1% growth and the 4.2% achieved by Swiss rival Nestle.
