Premium dairy sales declined despite the good performance of the core business under Horizon brand, according to Danone. But the rest of the world is still seeing positive momentum. The plant-based Danone brands are delivering consistent strong growth, including a double-digit growth of Alpro. In Europe, Danone is transforming its dairy business to appeal to new generations and bring in plant-based. Emmanuel Faber, chairman and CEO of Danone, said, "Across Danone, many of our initiatives aimed at quality of growth, product innovation, price-mix enhancement and revenue management discipline are gaining further traction with positive outcomes for our consumers and customers. "Mindful of growing geopolitical uncertainties and softness in some markets, we continue to transform our business at pace so that it is well-positioned to respond to market needs.