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Danone SA (DANO.PA)

DANO.PA on Paris Stock Exchange

70.40EUR
18 Apr 2019
Change (% chg)

€0.80 (+1.15%)
Prev Close
€69.60
Open
€69.22
Day's High
€71.10
Day's Low
€69.20
Volume
2,701,020
Avg. Vol
1,523,258
52-wk High
€71.10
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€59.72

Latest Key Developments (Source: Significant Developments)

Danone opens new Nutricia plant in the Netherlands
Monday, 25 Mar 2019 

March 25 (Reuters) - Danone statement::SAYS OFFICIALLY OPENS NEW SUSTAINABLE NUTRICIA PLANT IN THE NETHERLANDS TO MEET GROWING, GLOBAL DEMAND FOR SPECIALIZED INFANT FORMULA.SAYS 240 MLN EUROS FACILITY IN CUIJK IS AMONG DANONE'S LARGEST INVESTMENTS IN ITS EUROPEAN PRODUCTION NETWORK IN THE LAST TEN YEARS. INVESTMENT WAS ANNOUNCED IN 2015..PLANT WILL PRODUCE HIGHLY SPECIALIZED INFANT FORMULA – INCLUDING FORMULA FOR SPECIFIC HEALTH CONDITIONS, AND WILL EMPLOY CLOSE TO 500 EMPLOYEES ONCE FULLY OPERATIONAL.  Full Article

Sappe's Board Approved Unit To Enter Partnership With Myen, Unit Of Danone
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Sappe Pcl ::BOARD APPROVED UNIT TO ENTER PARTNERSHIP WITH MYEN, UNIT OF DANONE TO CO-INVEST IN JV CO WITH INVESTMENT OF ABOUT 300 MILLION BAHT.JV CO TO DEVELOP, MANUFACTURE, MARKET AND DISTRIBUTE HEALTHY HYDRATION BEVERAGES IN THAILAND.SAPPE HOLDING TO HOLD 25 PERCENT EQUITY STAKE IN JV CO, WHILE 75 PERCENT WILL BE HELD BY DANONE.  Full Article

Danone expects to triple size of plant-based business by 2025
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Danone SA :Executive VP Essential Dairy & Plant-Based business Francisco Camacho tells Investor Seminar::HAS AMBITION TO TRIPLE ITS PLANT-BASED BUSINESS TO 5 BILLION EUROS BY 2025 VERSUS 1.7 BILLION EUROS IN 2018.  Full Article

‍Danone Completes Sale Of Part Of Its Stake In Yakult For 1.3 Bln Eur​
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Danone ::‍DANONE COMPLETES SALE OF PART OF ITS STAKE IN YAKULT FOR EUR 1.3 BILLION​.‍PROCEEDS FROM TRANSACTION WILL BE USED TO CONTINUE ON ITS DELEVERAGING PATH AND TO INVEST IN ACCELERATING ORGANIC GROWTH AND MAXIMIZING EFFICIENCIES TOWARDS 2020.‍AS A RESULT OF TRANSACTION, DANONE'S STAKE IN YAKULT'S OUTSTANDING SHARE CAPITAL IS REDUCED FROM 21.29% TO 6.61%​.  Full Article

Danone CEO says creating value out of WhiteWave is priority-CAGNY
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Chairman and CEO Emmanuel Faber tells the Consumer Analyst Group of New York Conference (CAGNY)::* There could be bolt-on acquisitions anywhere in the group's portfolio but we have enough on our table for now with WhiteWave..* Creating value out of WhiteWave portfolio is priority..* Says DanoneWave, the combined business unit of WhiteWave and Danone, is on track to be certified as B-Corp (for-profit corporation that commits to positive social and environmental goals)..* Reiterates all 2018 and 2020 financial goals.* Danone bought U.S. organic food group WhiteWave last year. .  Full Article

Fonterra Co-Operative ‍Revises Earnings Forecast After Outcome Of Danone Arbitration​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Fonterra Co-Operative Group Ltd ::ANNOUNCES OUTCOME OF DANONE ARBITRATION​.‍DECISION HAS NO IMPACT ON FORECAST FARMGATE MILK PRICE​.MADE A DECISION TO REVISE ITS FORECAST EARNINGS PER SHARE RANGE FOR 2017/18 FINANCIAL YEAR TO 35 TO 45 CENTS, DOWN FROM 45 TO 55 CENTS​.  Full Article

Fonterra Confirms Amount Of Award In Arbitration Proceedings​
Thursday, 30 Nov 2017 

Dec 1 (Reuters) - Fonterra Co-Operative Group Ltd ::‍FONTERRA CONFIRMS AMOUNT OF AWARD IN ARBITRATION PROCEEDINGS​.‍FONTERRA IS AWARE THAT DANONE HAS INDICATED THAT IT HAS BEEN AWARDED DAMAGES IN AMOUNT OF NZ$183 MILLION IN ARBITRATION​.‍FONTERRA CAN CONFIRM THAT THIS IS AMOUNT OF AWARD AND IS CURRENTLY CONSIDERING FULL FINANCIAL IMPLICATIONS OF AWARD​.  Full Article

Danone Says Co Awarded Damages Of €105 Mln To Be Paid Immediately By Fonterra ‍​
Thursday, 30 Nov 2017 

Dec 1 (Reuters) - Danone SA ::AWARDED DAMAGES OF €105 MILLION TO BE PAID IMMEDIATELY BY FONTERRA FOR COSTS SUFFERED AS A RESULT OF FONTERRA FOOD SAFETY FAILURES OF 2013. ‍​.  Full Article

Fonterra Requests Temporary Trading Halt
Thursday, 30 Nov 2017 

Dec 1 (Reuters) - Fonterra Co-Operative Group Ltd ::FONTERRA REQUESTS TEMPORARY TRADING HALT.‍REQUEST HAS BEEN MADE TO GIVE FONTERRA TIME TO CONSIDER OUTCOME OF ITS ARBITRATION WITH DANONE ​.‍FONTERRA HAS BEEN ADVISED THAT IT WILL RECEIVE ARBITRATION TRIBUNAL'S DECISION TODAY​.‍ARBITRATION WITH DANONE REGARDING FONTERRA'S 2013 WHEY PROTEIN CONCENTRATE PRECAUTIONARY RECALL.​.‍FONTERRA HAS BEEN ADVISED THAT IT WILL RECEIVE ARBITRATION TRIBUNAL'S DECISION ON DEC 1.WILL NOT BE IN A POSITION TO IMMEDIATELY ASSESS ANY FINANCIAL IMPLICATIONS AND ADVISE MARKET ON TRIBUNAL'S DECISION​.‍REMAINS IN A STRONG FINANCIAL POSITION AND ANY DAMAGES AWARD WILL NOT AFFECT OUR ABILITY TO OPERATE​.  Full Article

Danone gaining market share in Chinese infant formula market - CFO
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Danone Finance Head Cecile Cabanis tells analysts during a call::Danone expects to deliver synergies from WhiteWave acquisition faster than expected this year.Consumer demand remains subdued in Europe, Brexit also creates uncertainty.Danone has completed the registration of all its infant milk formula products in China.Danone expects Q4 to be a strong quarter for early life nutrition business.Danone expects water business to remain solid for the full year.Danone says expects essential dairy and plant based (EDP) business in Noram to return to positive territory in Q4.Danone says expects international EDP sales to improve in Q4 versus Q3 but to remain negative.SAYSsays early life nutrition market growing strongly in China and Danone is gaining market share.Danone says turning around Brazil dairy business will take time, no turnaround expected before the course of 2018.  Full Article

UPDATE 2-Nestle upbeat after U.S. and China boost first-quarter growth

* Confirms 2019 for organic growth above 3 pct (Adds detail, background, share indication, investor and analyst quote)