Committed to a long-term value compounding model, Danone aims to consistently deliver attractive returns, and expects, for the 2025-2028 period, like-for-like net sales growth between +3% and +5%, and recurring operating income to grow faster than net sales. This financial guidance should allow Danone to deliver a structurally double-digit ROIC and progress towards its long-term ambition of €3bn free-cash-flow. o o O o o o o O o o This press release contains certain forward-looking statements concerning Dan ...

With an investment of over 16 million euro in the first phase, the industrial and technological platform will be located in Clermont-Ferrand within the Parc Cataroux Center for Sustainable Materials, an innovation accelerator supported by Michelin. The Biotech Open Platform is also supported by several public and private institutions: the University of Clermont Auvergne, the company Greentech, the Auvergne-Rhône-Alpes Region under the European Regional Development Fund (ERDF) and Clermont Auvergne Métropole ...

Completion by Danone of the sale of its EDP business in Russia Press release – Paris, May 17, 2024 Following the press release on March 22, 2024, where Danone announced that the Russian regulatory approvals required for the disposal of its EDP business in Russia to Vamin R LLC were obtained, Danone announces today it has completed this transaction. Danone is a leading global food and beverage company operating in three health-focused, fast-growing and on- trend Categories: Essential Dairy & Plant-Based prod ...

Investors looking for stocks in the Food - Miscellaneous sector might want to consider either Kraft Heinz (KHC) or Danone (DANOY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...

We continued to win market shares across the region, with a strong focus on our superior Aptamil portfolio as well as with local brands like SGM in Indonesia. In parallel, the teams are making good progress on stepping up the value creation contribution of our dairy platform in Africa, where the focus on a profitable growth model start to drive up gross margins as well as competitiveness. Thank you, Juergen. So we will now open the Q&A session. Guillaume Delmas So overall, going well in China; going well in ...

Pots of Activia yoghurt, manufactured by Danone SA, sit on display.Bloomberg | Getty ImagesThe CEO of French consumer goods giant Danone downplayed the threat of obesity drugs on its food business, arguing that consumers were likely to turn to healthy products as part of their new weight loss regime.Antoine de Saint-Affrique said that surging demand for drugs like Wegovy and Mounjaro would only increase consumer appetite for more nutritional products."We see ourselves as extremely complementary to GLP-1s," ...

| --- | |---------------------------------| | | | Company Participants | | Mathilde Rodie - Head, IR | | Antoine de Saint-Affrique - CEO | | Juergen Esser - CFO | | Conference Call Participants | | Guillaume Delmas - UBS | | Jon Cox - Kepler | | Warren Ackerman - Barclays | | Pascal Boll - Stifel | | Bruno Monteyne - Bernstein | | Charlie Higgs - Redburn | | Celine Pannuti - JPMorgan | | David Hayes - Jefferies | | | I would now like to hand the conference over to your speaker today, Mathilde Rodie, Head of ...

Nestle S.A. (OTC:NSRGF, VTX:NESN) and Danone (OTCQX:DANOY) have both signalled food prices could climb more slowly over the coming year after such sharp increases have hit demand at both. Nestle reported organic sales growth of 7.2% for the year to December, below analysts’ expectations for 7.4%. Danone (OTCQX:DANOY) said like-for-like sales had climbed by 7% meanwhile, with price increases offsetting a 0.4% decline in volumes. Such price rises have become commonplace in shops in recent years, with the two ...

French food-manufacturing multinational Danone (OTCQX:DANOY) has announced a 7% reduction in the wholesale price of its powdered Aptamil baby formula products following an investigation by the UK's Competition and Markets Authority (CMA) into high formula prices. The CMA's scrutiny was triggered by significant price hikes in the baby formula sector, with Danone's prices having risen by 25% over two years. Data shared by the CMA showed that the cost of an 800g pack of Aptamil increased by 26% to £14.50 betwe ...

In today’s business landscape, consumers’ and investors’ growing focus on supply chain scrutiny is unrelenting but good news for eco-friendly stocks. This trend underscores a critical need for transparency, pushing companies to invest heavily in sustainable supply chain practices. Failing to do so risks alienating customers and investors, potentially eroding revenue streams. This shift toward sustainability and transparency isn’t just an environmental gesture; it’s a strategic move aligning with environment ...