Dow Jones Newswires: Danone lifts organic sales guidance after price hikes drive higher volumes

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By Giulia Petroni

Danone SA lifted its organic sales growth guidance for the year after reporting a rise in sales volumes in the first quarter driven by price increases.

The French food company on Wednesday said that quarterly sales came in at 6.96 billion euros ($7.66 billion) compared with EUR6.24 billion a year earlier. Sales rose 10.5%…