Financial Times • 3 days ago
Danone, the world's biggest yoghurt maker by sales, has reported that improvement at its core dairy business helped it post first-half profits that beat analysts' forecasts. The Paris-based maker of Actimel ...
The Wall Street Journal • 3 days ago
Strong sales of dairy products and price increases helped Danone beat expectations even as Europe’s largest yogurt maker said economic conditions would continue to remain volatile and uncertain.
Bloomberg • 3 days ago
Danone, the world’s largest yogurt maker, reported first-half earnings that beat analyst estimates as a revamp of its Actimel and Danonino brands and higher-priced dairy products offset lower-than-expected ...
Reuters • 5 days ago
Dutch organic food producer Koninklijke Wessanen NV said it plans to increase its advertising spend to boost its share in a market estimated at over $200 billion globally by 2020. "More and more consumers want to change to healthier and more sustainable food and we are well placed to benefit from this long term trend," Chief Executive Christophe Barnouin said in a statement. Organic food sales in France -- Wessanen's biggest market -- rose to a record 5.8 billion euros ($6.38 billion) in 2015, up 15 percent.
Forbes • 15 days ago
Dannon has joined the food industry shift toward the healthy side, with executives on Thursday unveiling Dannon and Oikos Greek yogurt products with more natural and non-GMO ingredients. The company also aims to highlight non-GMO ingredients on all Dannon product packaging. By the end of 2018, the company says it
Market Realist • 16 days ago
In this deal, WhiteWave is being bought for 3x revenues and 25x EBITDA (earnings before interest, tax, depreciation, and amortization).
Melody Hahm • 16 days ago
Congress has passed a bill that would require labels on foods that contain genetically modified ingredients. The last step is for President Obama to sign it into law. The bill gives food companies a variety of choices when it comes to labeling their products.
|Bid||62.18 x 10000|
|Ask||0.00 x 2400|
|52wk Range||51.73 - 69.27|
|Day's Range||68.15 - 69.27|
|Avg Vol (3m)||1,645,986|
As of 11:35 AM EDT. Market closed.