AllAnalyst Report
logoMorningstarMarch 15, 2021

Danone S.A.: Danone Announces New Governance Structure While Faber Steps Down as Chairman and CEO

Symbols
DANOY
Sector(s)
Consumer Defensive
Rating
Current Price
$12.73
Fair Value
Economic Moat
Stewardship
Summary

Following the acquisition of WhiteWave, Danone restructured the firm into three broad segments: essential dairy and plant-based products, which represents just over half of group revenue; specialised nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Nutrilon and Cow & Gate infant nutrition, and Evian and Vol

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Analyst Profile

Ioannis Pontikis

Equity Analyst
Ioannis Pontikis, CFA, is an equity analyst for Morningstar Holland BV, a wholly owned subsidiary of Morningstar, Inc. He covers European food retail and food ingredient companies such as Tesco, Carrefour, Associated British Foods, and Chr. Hansen.Before joining Morningstar in 2017, Pontikis spent more than six years at Athens-based value shop SilentSeas, where he worked as a generalist covering small caps and focused on deep-value situations, particularly in companies owning hidden, undervalued assets. Prior to that role, he worked at Nestle as a financial analyst and at Ernst & Young as a consultant.Pontikis holds a bachelor’s degree in business administration from the University of Piraeus and a master’s degree in finance from the London School of Economics. He also holds the Chartered Financial Analyst® designation.