Danone SA

Danone SA engages in the food processing industry. It operates through the following geographical segments: Europe; North America; China, North Asia & Oceania; and Rest of the World. The company was founded on February 2, 1899 and is headquartered in Paris, France.

Press release – Paris, May 17, 2024 Completion by Danone of the sale of its EDP business in Russia 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. About Danone ( www.danone.com ) Danone is a leading global food and beverage company operating in three health-focused, fast-growing and on-trend Categories: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition.

DANONE: Completion by Danone of the sale of its EDP business in Russia

WEST CHESTER, Ohio--(BUSINESS WIRE)--Swander Pace Capital Completes Sale of Functional Formularies to Danone.

Swander Pace Capital Completes Sale of Functional Formularies to Danone

Press release – Paris, May 01, 2024 Danone acquires Functional Formularies Danone announces today it has successfully completed the acquisition of Functional Formularies, a leading whole foods tube feeding business in the US, from Swander Pace Capital. As part of the Renew Danone strategy, this acquisition strengthens Danone's Medical Nutrition portfolio in the US by further expanding its enteral tube feeding ranges.

Danone acquires Functional Formularies

Press Release – Paris, April 25, 2024 2024 Danone Shareholders' Meeting: approval of all resolutions Danone's Shareholders' Meeting was held today, chaired by Gilles Schnepp, Chairman of the Board of Directors. 73.58% of Danone's total outstanding share capital was present or represented in this Shareholders' Meeting.

Danone: 2024 Danone Shareholders' Meeting: approval of all resolutions

Kraft Heinz

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?

KHC or DANOY: Which Is the Better Value Stock Right Now?

Danone S.A. (OTCQX:DANOY) Q1 2024 Results Conference Call April 18, 2024 2:00 AM ET Company Participants Mathilde Rodie - Head of IR & Financial Communication Juergen Esser - Chief Financial, Technology & Data Officer and Group Deputy CEO Conference Call Participants Guillaume Delmas - UBS Jon Cox - Kepler Cheuvreux Bruno Monteyne - Bernstein Celine Pannuti - JPMorgan Warren Ackerman - Barclays Pascal Boll - Stifel David Hayes - Jefferies Jeff Stent - Exane Tom Sykes - Deutsche Bank Mathilde Rodie Good morning, everyone.

Danone S.A. (DANOY) Q1 2024 Earnings Call Transcript

Danone, whose CEO first reached out to the International Olympic Committee (IOC) in mid-2022 to get involved, is betting on the Paris Games' focus on health and nutrition to boost summer sales of its yoghurts and plant-based products.

After two-year wait, Danone gears up for Olympics health-kick ahead of Paris Games

Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth as the world's largest yoghurt maker managed to raise prices to cope with higher input costs though at a slower pace than previously.

Danone beats first-quarter sales forecasts, keeps 2024 goals

Danone said it expected like-for-like sales growth of between 3% and 5% in 2024, and confirmed it anticipated a moderate improvement in recurring operating margin.

Danone Backs Outlook as Sales, Volumes Beat Estimates

2024 First Quarter Sales Press release – Paris, April 18, 2024 Good start to the year Further delivering on Renew Danone Net sales reached €6,789m in Q1 2024, up +4.1% on a like-for-like (LFL) basis, with volume/mix up +1.2%, and price up +2.9% Making continued progress on Renew Danone Broad-based growth, with positive volume/mix across categories Solid start to the year in Europe and North America amid pricing normalization Sustained competitive growth in all categories in China Continued progress on fixing business models in Emerging Markets         Portfolio rotation: Horizon Organic and Wallaby milk and dairy activity in the US and Michel & Augustin disposals successfully closed 2024 guidance confirmed: like-for-like sales growth expected between +3% and +5%, with moderate improvement in recurring operating margin € million except % Q1 2023 Q1 2024 Reported change LFL sales growth Volume/mix growth BY GEOGRAPHICAL ZONE           Europe 2,248 2,336 +3.9% +2.8% +0.1% North America 1,714 1,737 +1.3% +2.5% +1.5% China, North Asia & Oceania 824 840 +1.9% +8.9% +6.9% Latin America 689 727 +5.4% +4.1% -2.6% Rest of the World 1,486 1,150 -22.7% +6.0% +1.0% BY CATEGORY           EDP 3,768 3,474 -7.8% +3.0% +0.8% Specialized Nutrition 2,143 2,183 +1.9% +3.8% +0.3% Waters 1,051 1,132 +7.6% +8.1% +3.9%             TOTAL 6,962 6,789 -2.5% +4.1% +1.2% 1 Antoine de Saint-Affrique: CEO statement We have delivered a good start to the year, with yet another quarter of quality growth and consistent delivery on our Renew Danone agenda: net sales were up +4.1% on a like-for-like basis and volume/mix up +1.2%, with all categories positively contributing. In what remains a challenging environment, we continued making good progress on our transformation agenda, strengthening our category fundamentals, intentionally driving our winning mixes and geographies while delivering on portfolio rotation with the successful closing of the disposals of our milk and dairy activity Horizon Organic and Wallaby in the US and Michel & Augustin.

Danone: Good start to the year; Further delivering on Renew Danone

The 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 regime.

Danone CEO downplays threat of weight loss drugs on food producers: 'We see ourselves as extremely complementary'

Press release – Paris, April 3, 2024 Convening to the Combined Shareholders' Meeting of April 25, 2024 Danone informs its Shareholders that its Combined Shareholders' Meeting will take place on Thursday April 25, 2024, at 2:30 pm (Paris time), at Salle Pleyel, 252 rue Faubourg-Saint-Honoré, 75008 Paris, France. The preliminary notice to the meeting and the notice of meeting were published in the French Bulletin des Annonces Légales Obligatoires on February 28 and April 3, 2024 respectively.

Danone: Convening to the Combined Shareholders' Meeting of April 25, 2024

Press release – Paris, March 22, 2024 Update from Danone on its EDP business in Russia Danone announces today that the Russian regulatory approvals required for the disposal of its EDP business in Russia to Vamin R LLC have been obtained. The closing of this disposal is expected in the coming weeks.

Danone: Update from Danone on its EDP business in Russia

Press Release – Paris, March 12, 2024 Danone publishes its 2023 Universal Registration Document Danone filed its 2023 Universal Registration Document with the French Financial Markets Authority (Autorité des Marchés Financiers) on March 12, 2024. The 2023 Universal Registration Document includes notably: the annual financial report; the Board of Directors' report on the corporate governance; the description of the share buyback program; and the management report including non-financial performance statement.

Danone publishes its 2023 Universal Registration Document

Press Release – Paris, March 6, 2024 Notification of availability of Danone's 2023 consolidated financial statements and statutory auditors' report Danone announces that its consolidated financial statements and the statutory auditors' report for the fiscal year ended December 31, 2023 are publicly available and accessible online on its website, www.danone.com , section Investors / Regulated Information. About Danone ( www.danone.com ) Danone is a leading global food and beverage company operating in three health-focused, fast-growing and on-trend Categories: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition.

Danone: Notification of availability of Danone's 2023 consolidated financial statements and statutory auditors' report

Danone S.A. (DANOY) Q4 2023 Earnings Call Transcript

Nestle SA

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 and Danone signal slower price rises ahead

Two of the world's top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that have prompted shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee.

Nestle, Danone see price hikes slowing after years of sharp increases

Danone reported a 3.5% rise in annual recurring net income and higher margins on volume gains and said guidance for 2024 remained in line with its midterm targets.

Danone Income, Margins Rise on Higher Volumes

French food group Danone said on Thursday it was starting this year with confidence after it delivered 2023 sales growth at the top end of its forecast, and improved its profit margin as higher prices offset lower volumes.

French food group Danone confident over 2024 sales after stellar 2023

2023 Full-Year Results Press release – Paris, February 22, 2024 Strong full-year results Consistently delivering on Renew Danone Net sales reached €27,619m in 2023, up +7.0% on a like-for-like (LFL) basis, with price up +7.4% and volume/mix down -0.4% Q4 sales growth up +5.1% on a LFL basis, with volume/mix turning positive at +0.8% EDP transformation in Europe continues to deliver results, with volume/mix back to positive territory Solid volume/mix-led performance in North America, mainly driven by International Delight and Oikos Another quarter of strong competitive growth in China, North Asia & Oceania Recurring operating margin up +40 bps at 12.6%, while reinvesting significantly Record level of free-cash-flow at €2.6 bn, enabling investments and deleverage   Recurring EPS up +3.4% at €3.54, driven by operational performance; proposed dividend of €2.10, up +5.0% 2024 guidance in line with mid-term ambition: like-for-like sales growth expected between +3% and +5%, with moderate improvement in recurring operating margin Capital Market Event to take place in June 2024 2023 Full-Year Key Figures in millions of euros except if stated otherwise FY 2022 FY 2023 Reported Change Like-for-like Change (LFL) Sales 27,661 27,619 -0.2% +7.0% Recurring operating income 3,377 3,481 +3.1%   Recurring operating margin 12.2% 12.6% +40 bps   Non-recurring operating income and expenses (1,234) (1,438) (205)   Operating income 2,143 2,042 -4.7%   Operating margin 7.7% 7.4% -35 bps   Recurring net income – Group share 2,205 2,283 +3.5%   Non-recurring net income – Group share (1,246) (1,402) (156)   Net income – Group share 959 881 -8.1%   Recurring EPS (€) 3.43 3.54 +3.4%   EPS (€) 1.48 1.36 -8.0%   Free cash flow 2,127 2,633 +23.8%   Cash flow from operating activities 2,964 3,442 +16.1%   1 Antoine de Saint-Affrique: CEO statement 2023 was a year of consistent progress and strong delivery against our Renew Danone agenda. We put science back at the heart of what we do and further tied sustainability to business performance.

Danone: Strong full-year results; Consistently delivering on Renew Danone

A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its "carbon neutral" claim on bottles of Evian spring water.

Danone must face Evian water 'carbon neutral' lawsuit

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.

Danone strongarmed into cutting Aptamil baby formula prices, Iceland confirms cost reduction

Coca-Cola

Tesla

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.

Sustainable Supply Chains: 3 Stocks Leading in Eco-Friendly Operations

French food group Danone said on Tuesday it had signed an agreement to sell its premium organic dairy units in the United States to investment firm Platinum Equity.

News for Danone SA Stock (DANOY)