DNN.MI - Danone S.A.

Milan - Milan Delayed Price. Currency in EUR
+0.70 (+0.97%)
At close: 4:38PM CEST
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Previous Close72.50
Bid73.00 x 0
Ask73.10 x 0
Day's Range72.62 - 73.36
52 Week Range59.95 - 81.90
Avg. Volume209
Market Cap47.59B
Beta (3Y Monthly)0.20
PE Ratio (TTM)21.91
EPS (TTM)3.34
Earnings DateN/A
Forward Dividend & Yield1.94 (2.70%)
Ex-Dividend Date2019-05-07
1y Target EstN/A
  • Market Exclusive

    Market Morning: Brexit Deal Details, Drug Wars, Danone Down, Aramco Delay, Hong Kong Boils

    The Lowdown on The Brexit Deal It’s going to be a weekend of fireworks galore in the United Kingdom, possibly one of the most interesting times in the country’s history since World War II. Except this time nobody is going to get bombed and killed, so that’s definitely a plus. SEE: Canopy Rivers Gets Approval […]The post Market Morning: Brexit Deal Details, Drug Wars, Danone Down, Aramco Delay, Hong Kong Boils appeared first on Market Exclusive.

  • MarketWatch

    Danone posts higher sales, but cuts full-year guidance

    Despite its sales growth accelerating compared with the previous quarter, some of the headwinds Danone had flagged during second-quarter reporting didn’t ease in the third quarter, management said.

  • Should Danone S.A.'s (EPA:BN) Recent Earnings Decline Worry You?
    Simply Wall St.

    Should Danone S.A.'s (EPA:BN) Recent Earnings Decline Worry You?

    When Danone S.A.'s (ENXTPA:BN) announced its latest earnings (30 June 2019), I wanted to understand how these figures...

  • Reuters

    UPDATE 3-Teenager Thunberg angrily tells U.N. climate summit 'you have stolen my dreams'

    The Swedish campaigner's brief address electrified the start of a summit aimed at mobilising government and business to break international paralysis over carbon emissions, which hit record highs last year despite decades of warnings from scientists. How dare you?" said Thunberg, 16, her voice quavering with emotion. Inspired by Thunberg's solitary weekly protest outside the Swedish parliament a year ago, millions of young people poured onto the streets around the globe last Friday to demand governments attending the summit take emergency action.

  • Reuters

    Big companies commit to slash emissions ahead of U.N. climate summit

    Almost 90 big companies in sectors from food to cement to telecommunications are pledging to slash their greenhouse gas emissions in a new campaign to steer multi-nationals towards a low-carbon future, organizers said on Sunday. “Now we need many more companies to join the movement, sending a clear signal that markets are shifting,” U.N. Secretary-General Antonio Guterres said in a statement. The coalition was launched in June with a call to action by the United Nations, business and civil society leaders.

  • Is There An Opportunity With Danone S.A.'s (EPA:BN) 23% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Danone S.A.'s (EPA:BN) 23% Undervaluation?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Danone S.A. (EPA:BN...

  • Success in China Is All About Having the Right Formula

    Success in China Is All About Having the Right Formula

    (Bloomberg Opinion) -- Selling infant formula to China seems so 2016.The country abandoned its one-child policy three years ago, spurring expectations of a baby boom. These have been well and truly dashed. Fertility rates remain stuck around the levels they’ve been at for two decades, and the 15 million children born in 2018 was the lowest figure since 1961. Roughly five Indians are born each year for every three Chinese.So what’s the country’s second-biggest milk producer China Mengniu Dairy Co. doing paying an Amazon.com Inc. valuation for milk-powder producer Bellamy’s Australia Ltd.? The answer tells you a lot about the changing prospects for the Chinese consumer.Bellamy’s, which makes organic milk and infant foods and first sold shares to the public as recently as 2014. Mengniu’s cash offer, which Bellamy’s board has recommended, is a 59% premium to the last pre-deal closing price and values the company at A$1.5 billion ($1 billion), about 30 times its Ebitda in the last fiscal year (Amazon gets just 27 times).Formula producers such as Bellamy’s, Nestle SA, and Danone SA have gone through a rough patch in China recently, driven by the slowing birth rate and a general softening in consumer spending.China’s retail sales grew just 7.5% from a year earlier in August, the National Bureau of Statistics reported Monday, the second-slowest pace since the SARS epidemic in 2003. Fixed-asset investment in food processing plants year-to-date slumped 9.4% from a year earlier, suggesting companies see dismal prospects for growth.So what’s so special about Bellamy’s? For one thing, it still benefits from the long shadow of China’s 2008 tainted-milk scandal, when products including those made by Mengniu, its majority-controlled affiliate Yashili International Holdings Ltd., and arch-rival Inner Mongolia Yili Industrial Group Co. were found to have contained the toxic chemical melamine.That’s made foreign-branded infant formula such a hot commodity in China that Australian retailers have had to implement maximum-purchase rules to stop the booming buy-overseas, post-back-home trade from clearing their shelves.That’s not enough on its own, though, given the general headwinds. After all, Mengniu tried to capitalize on this trend back in 2015 when Yashili invested 1 billion yuan ($141 million) in a New Zealand factory. The mid- to high-end image of the Kieember and Kieevagour brands produced there clearly haven’t been a Bellamy’s-level success.Yashili announced plans to sell a 49% stake in the New Zealand business to Danone for the equivalent of about $201 million last December, but the sale was canceled last month amid unsuccessful attempts to strike a broader agreement between the two companies. While the valuation uplift was clearly a positive, it’s notable that neither side was desperate to gain or retain control of the asset without getting something else in return.What makes Bellamy’s different is that it eschews the mid-range altogether. Its cans of formula sell on Alibaba Group Holding Ltd.’s Tmall marketplace for 50% more than shoppers pay in Australia, where the organic branding means it’s already a premium line. It’s not so much a bet on China’s baby boom, as on growing wealth disparities and rising affluence in a country that already accounts for a third of the world’s luxury spendingEven in that context, Mengniu will struggle to make a good return on its investment. The company plans to invest to increase capacity and drive sales, Chief Executive Officer Minfang Lu said in a statement. That’s easier said than done, given that it takes three years to convert dairy farms to organic production. Australia is a relatively small organic milk producer, with output of about 50 million liters in 2017 compared with 880 million liters in China, according to KPMG.Mengniu will need to be confident this brand can hold its own against Yili, Nestle and Danone at the top end of a fiercely competitive Chinese market. Three-quarters of its revenue at present comes from sales in Australia. While Bellamy’s is often treated as a play on Chinese demand, it’s not there yet.Shareholders in the target would do well to sell into this offer. Those in Mengniu should hope they don’t end up crying over spilled milk.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Should We Worry About Danone S.A.'s (EPA:BN) P/E Ratio?
    Simply Wall St.

    Should We Worry About Danone S.A.'s (EPA:BN) P/E Ratio?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...

  • Does Danone S.A. (EPA:BN) Have A Place In Your Dividend Portfolio?
    Simply Wall St.

    Does Danone S.A. (EPA:BN) Have A Place In Your Dividend Portfolio?

    Today we'll take a closer look at Danone S.A. (EPA:BN) from a dividend investor's perspective. Owning a strong...

  • GlobeNewswire

    Danone: Information on the total number of voting rights and shares

    Registered Office: 17, boulevard Haussmann, 75009 Paris.  (1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In accordance with Article 223-11 of the AMF General Regulation, this number is calculated on the basis of all shares to which voting rights are attached, including shares whose voting rights have been suspended.

  • Thomson Reuters StreetEvents

    Edited Transcript of BN.PA earnings conference call or presentation 25-Jul-19 6:30am GMT

    Half Year 2019 Danone SA Earnings Call

  • GlobeNewswire

    Danone: Notification of availability of Danone's 2019 interim financial report

    Press Release – Paris, July 25, 2019             Notification of availability of Danone’s 2019 interim financial report Danone announces that its interim financial report.

  • GlobeNewswire

    Danone: Good execution driving profitable growth On track to deliver guidance

    2019 First-Half ResultsPress release – Paris, July 25, 2019 Good execution driving profitable growth On track to deliver guidance Consolidated sales up by +1.3% on.

  • Moody's

    Danone -- Moody's announces completion of a periodic review of ratings of Danone

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Danone and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • PR Newswire

    Circulate Capital, U.S. Agency for International Development (USAID), and Ocean Conservancy Announce Blended Finance Partnership to Combat Ocean Plastic Pollution

    USAID will guarantee up to $35 million of loans made by Circulate Capital to incentivize private capital investment and advance development objectives in the recycling value chain in South and Southeast ...

  • GlobeNewswire

    Danone: Danone launches its first global Employee Share Subscription Plan

    Danone announces today the launch of its first global Employee Share Subscription Plan. As from June 7, 2019, Danone employees in eight countries will have the opportunity to subscribe to new Danone shares.  Including French employees, who already benefit from a local company savings plan, this represents 50% of all Danone employees worldwide. The launch of its new global Employee Share Subscription Plan is part of “One Person.

  • GlobeNewswire

    Danone: Marking 100 years since the creation of its first yogurt, Danone opens access to its historical collection of 1,800 strains

    Celebrating 100 years since the creation of its first yogurt, Danone today announced it will open its collection of 1,800 strains for research purposes. This includes granting access to its current collection of 193 lactic and bifidobacteria ferment strains deposited at the National Collection of Cultures of Microorganisms, held in the Biological Resource Center of Institut Pasteur (CRBIP).

  • GlobeNewswire

    Danone: 2019 Danone Shareholders’ Meeting: approval of all resolutions

    Press Release – Paris, April 25, 2019 2019 Danone Shareholders’ Meeting: approval of all resolutions Further integration of ‘One Person, One Voice, One Share’participative.