Danone’s like-for-like sales growth beat market expectations in the third quarter as the China, North Asia and Oceania (CNAO) region led gains. CNAO outperformed the wider Danone group and the other individual geographical areas in terms of sales increases and the advance in volume/mix, which CEO Antoine de Saint-Affrique said helped to deliver “strong and consistent” growth. Danone’s like-for-like sales grew 4.8% to €6.88bn ($8bn) in what analysts at Barclays applauded as a sixteenth straight quarter ab ...