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.

Consumers accused Danone of defrauding them into buying Evian, not knowing that its manufacturing process allowed the release of carbon dioxide into the atmosphere.

Evian maker Danone defeats lawsuit over ‘carbon neutral' claim: ‘Technically true'

The maker of Evian spring water, Danone , won the dismissal of a lawsuit challenging its "carbon neutral" claim on bottles, as a U.S. judge reversed his earlier ruling letting the proposed class action proceed.

Evian maker Danone defeats lawsuit over 'carbon neutral' claim

Companies involved in the supply of baby formula milk could face direct government action to lower prices unless the way it is sold and marketed improves, consumer watchdog the CMA said today. In a series of recommendations, the CMA has proposed 'backstop' measures including controls and public provisions that will give the government power to intervene and force prices lower directly if deemed necessary.

Baby milk formula suppliers face direct price action unless competition improves, says CMA

Lifeway Foods

CHICAGO , Nov. 7, 2024 /PRNewswire/ -- On September 23, 2024, Danone SA (OTCQX: DANOY) proposed to acquire Lifeway Foods (NASDAQ: LWAY) in a transaction valued at approximately $283 million, offering $25 per share in cash. However, on November 6, the Lifeway Foods Board of Directors rejected the offer, instead adopting a "poison pill" limited shareholder rights plan.

Edward and Ludmila Smolyansky Support Danone Bid to Acquire Lifeway Foods (NASDAQ: LWAY)

The maker of Evian spring water, Danone , won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with labels that claim the water is "natural" even though it contains microplastics that seep from the bottle.

Danone wins dismissal of Evian microplastics lawsuit in Chicago

Lifeway Foods has declined an unsolicited buyout offer from Danone (OTCQX:DANOY) North America PBC, deeming the bid as undervalued and against the interests of its shareholders. In response, the board of the Illinois-based dairy company adopted a shareholder rights plan to fend off the acquisition attempt, aimed at protecting shareholders from a low-premium takeover.

Lifeway Foods rejects Danone takeover offer, adopts shareholder rights plan

Ingredion

Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of Ingredion (INGR) and Danone (DANOY). But which of these two stocks is more attractive to value investors?

INGR vs. DANOY: Which Stock Should Value Investors Buy Now?

Danone S.A. (OTCQX:DANOY) Q3 2024 Earnings Conference Call October 24, 2024 2:15 AM ET Company Participants Mathilde Rodie - IR Juergen Esser - CFO Conference Call Participants Guillaume Delmas - UBS Warren Ackerman - Barclays Celine Pannuti - JPMorgan Charlie Higgs - Redburn Operator Good day, and thank you for standing by.

Danone S.A. (DANOY) Q3 2024 Earnings Conference Call Transcript

The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth in the third quarter.

Danone Sales Growth Beats Market Expectations

Unilever

Consumer goods groups Unilever and Danone beat third-quarter sales estimates on Thursday as they slowed price hikes and invested in innovations to win back shoppers who had turned to cheaper brands during a surge in inflation.

Unilever and Danone win back shoppers as price hikes slow

2024 Third-Quarter Sales Press release – Paris, October 24, 2024 Continued strong momentum in Q3 Consistently delivering quality growth Sales reached €6,826m in Q3 2024, up +4.2% on a like-for-like (LFL) basis Strong volume/mix, up +3.6%, and price up +0.7%; volume/mix and price positive in all categories Continued strong performance in North America driven by High Protein, Coffee Creations and Waters Further acceleration in Europe volume/mix, driven by EDP Another quarter of strong competitive momentum in China, North Asia & Oceania, led by all categories 2024 guidance confirmed: like-for-like sales growth expected between +3% and +5%, with moderate improvement in recurring operating margin 3 € million except % Q3 2023 Q3 2024 Reported change LFL sales growth Volume/mix growth 9M 2023 9M 2024 Reported change LFL sales growth Volume/mix growth   BY GEOGRAPHICAL ZONE                     Europe 2,392 2,427 +1.5% +1.4% +2.4% 7,069 7,210 +2.0% +1.6% +0.9%   North America 1,747 1,611 -7.7% +5.8% +4.9% 5,164 4,943 -4.3% +4.4% +3.5%   China, North Asia & Oceania 896 967 +7.9% +8.0% +10.2% 2,674 2,808 +5.0% +8.4% +8.9%   Latin America 771 706 -8.5% +2.7% -0.7% 2,233 2,265 +1.4% +4.0% -0.4%   Rest of the World 1,100 1,115 +1.4% +6.0% +1.2% 3,977 3,350 -15.8% +5.8% +1.4%   BY CATEGORY                     EDP 3,474 3,283 -5.5% +4.1% +3.8% 10,973 10,066 -8.3% +3.5% +2.4%   Specialized Nutrition 2,070 2,189 +5.7% +5.2% +4.1% 6,369 6,599 +3.6% +4.6% +2.7%   Waters 1,362 1,354 -0.6% +3.2% +2.3% 3,775 3,910 +3.6% +5.0% +2.9%                         TOTAL 6,906 6,826 -1.2% +4.2% +3.6% 21,118 20,575 -2.6% +4.1% +2.6%   1 Antoine de Saint-Affrique: CEO statement With like-for-like sales growth of +4.2% in Q3, driven by +3.6% volume/mix, we continue to deliver broad-based quality growth, with both volume/mix and price positive in all categories. Our consistent focus on science based and consumer and patient centric innovation, combined with strong in-market execution keeps paying off, as demonstrated by the continued good performance of our winning platforms such as High Protein, Coffee Creations and Medical Nutrition.

Danone: Continued strong momentum in Q3; Consistently delivering quality growth

Does Danone (DANOY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Danone (DANOY) is a Great Choice

Press Release – Paris, September 5, 2024 Danone successfully issues a €700 million bond Danone announces that it has issued today a €700 million bond with a 7-year maturity and a 3.20% coupon. In line with the company's active liquidity management, this issue enables Danone to enhance its funding flexibility while extending the maturity of its debt.

Danone successfully issues a €700 million bond

Here is how Danone (DANOY) and Symrise AG Unsponsored ADR (SYIEY) have performed compared to their sector so far this year.

Are Consumer Staples Stocks Lagging Danone (DANOY) This Year?

Danone S.A. (OTCQX:DANOY) Q2 2024 Results Conference Call July 31, 2024 2:00 AM ET Company Participants Mathilde Rodie - IR Antoine de Saint-Affrique - CEO Juergen Esser - CFO Conference Call Participants Guillaume Delmas - UBS Jon Cox - Kepler Cheuvreux Celine Pannuti - JPMorgan David Hayes - Jefferies Tom Sykes - Deutsche Bank Victoria Petrova - Bank of America Mathilde Rodie Good morning, everyone.

Danone S.A. (DANOY) Q2 2024 Earnings Call Transcript

Press Release – Paris, July 31, 2024 Notification of availability of Danone's 2024 interim financial report Danone today announces that its interim financial report for the six-month period ended June 30, 2024 is publicly available and accessible online (link). 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 2024 interim financial repor

France's Danone beat second-quarter sales expectations on Wednesday, boosted by higher sales volumes as price hikes slowed, sending shares in the world's largest yoghurt maker up 4% in early trade.

Danone beats sales forecasts as price hikes decelerate

2024 Half-Year Results Press release – Paris, July 31, 2024 Strong half-year results Delivering broad-based quality growth Net sales reached €13,757m in H1 2024, up +4.0% on a like-for-like (LFL) basis; volume/mix up +2.1%, positive in each category Q2 strong volume/mix (+2.9%) leading to +4.0% like-for-like sales growth Recurring operating margin up +45 bps at 12.69% driven by strong improvement in margin from operations Recurring EPS up +2.6% at €1.80 Free-cash-flow up +11% at €1.2 bn 2024 guidance confirmed: like-for-like sales growth expected between +3% and +5%, with moderate improvement in recurring operating margin   2024 Half-Year Key Figures   in millions of euros except if stated otherwise H1 2023 H1 2024 Reported Change Like-for-like Change (LFL) Sales 14,167 13,757 -2.9% +4.0% Recurring operating income 1,734 1,746 +0.7%   Recurring operating margin 12.24% 12.69% +45 bps   Non-recurring operating income and expenses (53) 69 +122   Operating income 1,681 1,814 +7.9%   Operating margin 11.9% 13.2% +132 bps   Recurring net income – Group share 1,133 1,162 +2.6%   Non-recurring net income – Group share (40) 57 +97   Net income – Group share 1,093 1,219 +11.5%   Recurring EPS (€) 1.76 1.80 +2.6%   EPS (€) 1.70 1.89 +11.6%   Free cash flow 1,124 1,248 +11.0%   Cash flow from operating activities 1,424 1,504 +5.6%   1 Antoine de Saint-Affrique: CEO statement We have delivered a strong performance for the first half of the year, demonstrating consistency in delivering quality growth: net sales increased by +4.0% on a like-for-like basis, driven by volume/mix up +2.1%, with all categories contributing. We keep driving our category growth, further fueling our winning platforms High Protein, Medical Nutrition, Coffee Creations and Away-from-home.

Danone: Strong half-year results; Delivering broad-based quality growth

Olympics sponsor Danone is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in branding, and positioned itself in physical kiosks across Paris, its CEO said.

Danone expects Olympics sales boost after revamping brands ahead of Games

Danone is undergoing a transformation with positive results, showing potential for a 13-16% annualized RoR. Danone remains an underperforming stock with a 2x variance compared to the market. Despite challenges, Danone is viewed as attractive with a 3.5%+ yield from dairy operations.

Danone: There Is Some Upside Left

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Danone S.A. - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides insight into Danone's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts. Danone SA (Danone) is a manufacturer of dairy and nutritional products. Its portfolio includes yogurt, fermented dairy products, dairy specialties, plant-based nutritional cooking products and beverages, and specialized food for babies and elderly people. Danone also offers packaged water, and flavored and vitamin-enriched water.

Danone Digital Transformation Strategy Analysis Report 2024: Accelerators, Incubators, and Other Innovation Programs

Lifeway Foods sells kefir, a trending milk-based drink with beneficial properties for intestinal health, with potential for international growth. Lifeway's growth trend is driven by health consciousness, offering a variety of fermented dairy products appealing to health enthusiasts and showing higher growth than competitors. Danone's ownership of 24% of Lifeway creates a symbiotic relationship, with potential for an acquisition.

Lifeway Foods: Growth Opportunities And Support From Danone Make It A Buy

French food group Danone will step up its focus on health and medical nutrition as it seeks to grow sales and boost cash generation from 2025 to 2028, the company said on Thursday.

Danone steps up health focus to boost growth

Press Release – Paris, June 20, 2024 Danone opens the next chapter of its Renew strategy Projecting the company into the future of Health and Nutrition Today, Danone is hosting a Capital Market Event where the company will share its mid-term strategy and value creation journey for the 2025-2028 period. Danone's next chapter will build on the fundamentals the company reestablished over the last 2 years: science and innovation, operational and executional discipline, and proactive portfolio management.

Danone opens the next chapter of its Renew strategy ; Projecting the company into the future of Health and Nutrition

Paris (France), June 12, 2024 Center for Sustainable Materials - Parc Cataroux (Clermont-Ferrand) Danone, DMC, Michelin and Crédit Agricole Centre France join forces to create a cutting-edge biotechnology platform Two major French industrial leaders Danone and Michelin, the American start-up DMC Biotechnologies and Crédit Agricole Centre France, a key investor in the region, have agreed to create the Biotech Open Platform to bolster the development of advanced fermentation processes, particularly precision fermentation, on a larger scale. Precision fermentation is a revolutionary biotechnological process to produce bio-based materials and ingredients. 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. As industry looks for alternatives to fossil-based resources, it is turning to innovative and sustainable solutions to meet its supply needs while providing more efficient materials. Biotechnology - and particularly precision fermentation - is one of the most promising ways to meet this challenge. Precision fermentation is a cutting-edge technology that uses microorganisms like bacteria, yeast or fungi to produce proteins, enzymes and other molecules that are used in industry. It is particularly suited to innovation in the agri-food and materials sectors. Although fundamental research has made considerable progress, biotechnologies must now be developed on a larger scale. The Biotech Open Platform's ambition is to accelerate the development of precision fermentation by enabling the scale-up of innovative products and processes already tested in the laboratory. By 2025, the project plans to install an initial demo-scale production line, including a fermenter and purification equipment. Additional equipment will be installed in the following years, including a second production line. This ramp-up will enable the platform to meet the scale-up needs of its founders and to gradually open it up to other companies facing the challenge of scaling up in the industrial biomanufacturing sector. Florent Menegaux, President of the Michelin group: “ The Michelin group is pleased to announce the creation, with its partners, of the Biotech Open Platform – a unique tool that will enhance the development of bio-sourced materials, a key challenge for the industry of tomorrow. Located in Auvergne, it exemplifies Michelin's unflagging commitment to developing innovation and the regions where the Group operates." Antoine de Saint-Affrique, CEO of Danone: “At Danone, we have always been focused on investing in the future of food, and this partnership is the next step in this journey. We look forward to working with our partners to develop cutting-edge fermentation technologies which will accelerate innovation, health benefits and decarbonization in the food industry. We are proud to be part of this collective effort and to strengthen our contribution to meet the challenges facing the industry today." Kenny Erdoes, CEO of DMC: “We are enthusiastic about this new partnership with companies that are at the heart of French life. For us, as an American start-up, the development of the new Biotech Open Platform will enable us to accelerate the scale-up and commercialization of new products leveraging our transformative fermentation technology." Frédéric Baraut, CEO of Crédit Agricole Centre France: “Crédit Agricole Centre France is taking steps to support transformation and innovation in the region. By contributing to the Biotech Open Platform, we are helping to develop a new bio-based sector based in Clermont-Ferrand and also adding to the value and the attractiveness of the region. This will also help provide opportunities and synergies to the start-ups in our Innovation Village, also in the Parc Cataroux.” Press contacts Michelin / Center for Sustainable Materials: Pascale Audibert - pascale.audibert@michelin.com / +336 34 09 82 67 – Michelin group media relations: + 33 1 45 66 22 22 - X : @MichelinNews Danone: press@danone.com DMC Biotechnologies: Kathryn Sheridan - kathryn@dmcbio.com Crédit Agricole Centre France: Isabelle Dugat - isabelle.dugat@ca-centrefrance.fr / +33 4 73 30 58 89

News for Danone SA Stock (DANOY)