Previous Close | 55.89 |
Open | 56.16 |
Bid | 55.35 x 0 |
Ask | 55.54 x 0 |
Day's Range | 56.16 - 56.16 |
52 Week Range | 46.80 - 60.59 |
Volume | |
Avg. Volume | 107 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Busari Kasali once lived with the fear that his cassava - a staple crop in his native Nigeria - would spoil before it got to market. Today, the 76-year-old says his main concern is keeping up with growing demand from consumer goods giant Unilever. Amid pandemic-provoked supply chain disruptions, soaring costs and growing currency volatility, Unilever is working to make its African operations more self-reliant, ramping up local sourcing in part to reduce its foreign exchange exposure.
Busari Kasali once lived with the fear that his cassava - a staple crop in his native Nigeria - would spoil before it got to market. Today, the 76-year-old says his main concern is keeping up with growing demand from consumer goods giant Unilever. Amid pandemic-provoked supply chain disruptions, soaring costs and growing currency volatility, Unilever is working to make its African operations more self-reliant, ramping up local sourcing in part to reduce its foreign exchange exposure.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Indian yoghurt maker Epigamia, backed by French dairy giant Danone, has shelved plans to sell its inflation-hit business and is now looking to expand to new markets, its CEO said in an interview. Founded in 2015 and backed also by Belgian investor Verlinvest, Epigamia is a small Indian startup which became popular in urban centres by marketing flavoured Greek yoghurt and fruit-based drinks to health conscious customers. Epigamia's decision to not proceed with a sale comes as many startups, which rode a valuation boom in recent years, focus on profits amid a funding crunch and increased investor scrutiny.
Press Release – Paris, May 15, 2023 Danone successfully issues a €800 million bond Danone announces that it has issued today a €800 million bond with an 8-year maturity and a 3.47% 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. The settlement is expected to take place on May 22, 2023, and the bonds will be listed on Euronext Paris. The bond issue was widely subscribed by a dive
DANONE French Société anonyme with a capital of €168,959,483,00. Registered Office: 17, boulevard Haussmann, 75009 Paris. Registered with the Paris Commerce and Company Registry under number 552 032 534 Information on the total number of voting rights and shares in compliance with Article L. 233-8 II of the French Commercial Code and with Article 223-16 of the General Regulation of the Financial Markets Authority (AMF- Autorité des Marchés Financiers) DateTotal number of sharesTotal number of vo
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Press Release – Paris, April 27, 2023 2023 Danone Shareholders’ Meeting: Approval of all resolutions proposed by the Board of Directors 2023 Danone Shareholders’ Meeting: all resolutions proposed by the Board of Directors approved Danone’s Shareholders’ Meeting was held today, chaired by Gilles Schnepp, Chairman of the Board of Directors. 69.02% of Danone’s total outstanding share capital was present or represented in this Shareholders’ Meeting. Danone’s shareholders approved all resolutions sub
The world's top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for their raw materials and energy, but it may take time before shoppers see significantly lower price tags for household goods. Cost inflation rose during the COVID-19 pandemic and was exacerbated by Russia's invasion of Ukraine, which sent energy prices to record highs last year. Energy costs have since dropped, however, while global prices for some commodities are rising more slowly.
The world's top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for their raw materials and energy, but it may take time before shoppers see significantly lower price tags for their household goods. Cost inflation rose during the COVID-19 pandemic and was exacerbated by Russia's invasion of Ukraine, which sent energy prices soaring to record highs last year. Energy costs have since dropped, however, and global prices for some commodities are rising at a slower pace.
PARIS (Reuters) -Danone, the world's largest yoghurt-maker, raised its 2023 outlook on Wednesday after it managed to pass on increased costs through price rises and first-quarter sales growth was the fastest in a decade. Danone, which expects prices to peak this year and also anticipates productivity gains, kept its forecast for a moderate improvement in recurring operating margin for the year. This was its fastest quarterly growth rate in a decade.
2023 First-Quarter SalesPress release – Paris, April 26, 2023 Strong start to the yearConsistently delivering on Renew Danone Net sales of €6,962m in the first quarter, up +11.6% on a reported basis and +10.5% on a like-for-like (LFL) basis, with price up +10.3% and volume/mix up +0.2%; proforma volume/mix up +1.1% excluding EDP RussiaStrong start to the year, with all geographies and categories contributing to LFL sales growth: +6.2% in Europe driven by France, UK and Poland; further progress o
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Press Release – Paris, April 5, 2023 Convening to the Combined Shareholders’ Meeting of April 27, 2023 Danone informs its Shareholders that its Combined Shareholders’ Meeting will take place on Thursday April 27, 2023, at 2:30 pm (Paris time), at Salle Gaveau, 45 rue La Boétie, 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 March 1 and April 5, 2023 respectively. Pursuant to applicabl
We will take a look at the 25 most valuable food companies in the world. To skip our analysis of the recent market trends, you can go directly to see the 5 Most Valuable Food Companies in the World. The food industry is a vast and intricate system that encompasses all the processes that food […]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Press Release – Paris, March 16, 2023 Danone publishes its 2022 Universal Registration Document Danone filed its 2022 Universal Registration Document with the French Financial Markets Authority (Autorité des Marchés Financiers) on March 16, 2023. The 2022 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; andthe management report including non-financial performance
Press release – Paris, March 15, 2023 Danone set to complete renewal of its Board of Directors with the proposed appointment of Sanjiv Mehta Today, Danone announces that Sanjiv Mehta has been proposed as an independent member of Danone’s Board of Directors. If approved at Danone’s Shareholders’ Meeting on 27th April, the appointment will mark the full renewal of the Board. Mehta is currently CEO and Managing Director of Hindustan Unilever Limited (HUL), a role he will leave on June 26, 2023. If
Press Release – Paris, March 8, 2023 Notification of availability of Danone’s 2022 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, 2022 are publicly available and accessible online on its website, www.danone.com, section Investors / Regulated Information. Attachment danone080323pr
PARIS (Reuters) -French food group Danone said on Wednesday it expected better margins this year after soaring raw materials and energy costs weighed down its full-year 2022 operating margin. Sales in the final quarter topped estimates on the back of higher prices, and finance chief Juergen Esser said Danone was ready to lift prices again this year, if necessary, although it expected inflation to moderate through the year. Danone, like its rivals Nestle and Unilever, has increased prices to cope with surging costs but faces a challenge when it comes to the extent of price hikes before even affluent shoppers decide enough is enough.
2022 Full-Year ResultsPress release – Paris, February 22, 2023 Consistent progress and solid delivery in 2022Set for profitable growth in 2023 Net sales reached €27,661m in 2022, up +13.9% on a reported basis and +7.8% on a like-for-like (LFL) basis, with price up +8.7%, and volume/mix down -0.8%; proforma volume/mix up +0.2% excluding EDP RussiaQ4 sales growth reached +7.0% LFL +9.7% in North America led by International Delight, Activia, Oikos and Silk+4.0% price-led growth in Europe driven by
Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and investors, unless commodity costs decline or the shift to cheaper store-brand products accelerates. Retailers and consumer goods producers have been stuck in tough price negotiations for more than a year now, with friction beginning in 2021 over COVID-related supply chain logjams. This has since ballooned into fights over the high cost of raw materials and energy in the wake of Russia's invasion of Ukraine, with rising prices of basic foodstuffs from bread to milk and meat exacerbating a cost-of-living crisis in Europe.
French food group Danone on Thursday said it will explore strategic options, including a potential sale, for its organic dairy activity in the United States, comprised of the Horizon Organic and Wallaby businesses. CEO Antoine de Saint-Affrique announced in March 2022 plans to part with non-performing assets to free up resources to invest in the group's core brands as part of a revival strategy for the world's largest yoghurt maker. Horizon Organic and Wallaby, with a portfolio of organic dairy products, including milk, creamers, yogurt, cheese and butter, account for around 3% of Danone’s global revenues and had a dilutive impact on Danone’s like-for-like sales growth and recurring operating margin in 2022.
Press release – Paris, January 26, 2023 Danone to explore strategic options for the Horizon Organic and Wallaby businesses in the U.S. Danone announces today it will explore strategic options, including a potential sale, for its organic dairy activity in the U.S., comprised of the Horizon Organic and Wallaby businesses. This announcement is an additional step in the portfolio review and asset rotation program the company announced in March 2022, as part of the Renew Danone strategy. Horizon Orga