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Yashili International Says Unit Entered 2020 Supply Agreement With Danone Members
Swiss OK Delisting Of Secondary Danone Bearer Shares
Danone set for sales growth acceleration in Q4 - CFO
Danone SA is a France-based global food and beverage company. It operates through four segments: Essential Dairy and Plant-Based Products (EDP), Waters and Specialized Nutrition, including Early Life Nutrition and Medical Nutrition. EDP produces and distributes fresh fermented dairy products and other dairy specialties, plant-based products and beverages, coffee creamers and organic products; Waters sells bottled water and water sold in small and large containers; Early Life Nutrition offers baby formula (infant milk formula, follow-on milk, growing up milks), milk and fruit-based desserts, cereals, jars of baby food and ready-made baby food; Advanced Medical Nutrition offers adult or pediatric clinical nutrition products to be taken orally or through a tube in the event of malnutrition related to illness or other causes. The Company’s brands portfolio includes Activia, Actimel, Alpro, Danette, Danonino, Danio, evian, Volvic, Nutrilon/Aptamil, Nutricia, among others.
17 boulevard Haussmann
Chairman of the Board, Chief Executive Officer, Member of the Executive Committee
Director, Chief Financial Officer, Member of the Executive Committee, Head of Information Systems and Technologies - in charge of Cycles, Procurement and Sustainable Resources Development
Executive Vice President of Human Resources, Corporate Secretary, Member of the Executive Committee, Head of One Danone
Executive Vice President - Waters and Africa, Member of the Executive Committee
Executive Vice President - Essential Dairy and Plant-Based, Member of the Executive Committee
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* DANONE HAS REQUESTED THAT ALL OF ITS SECONDARY LISTED BEARER SHARES WITH A NOMINAL VALUE OF EUR 0.25 SHALL BE DELISTED FROM SIX SWISS EXCHANGE
Danone <DANO.PA> cut its 2019 sales growth outlook after missing third-quarter sales expectations on Friday, sending shares in the French food group down 7%.
French food group Danone said sales growth accelerated in the third quarter as baby food products sales in China extended their rebound with a rise of over 20%.
French food group Danone <DANO.PA> said sales growth accelerated in the second quarter, beating forecasts as baby food products sales in China rebounded earlier-than-expected, and affirmed its financial targets for 2019 and 2020.
French food group Danone said sales growth accelerated in the second quarter in all its business lines, beating expectations, and baby food products sales in China were back into positive territory after three quarters of decline.
China's plan to increase local production of baby formula products has not come as a surprise to global dairy maker Danone, which has plans to launch a new ultra-premium product in that market, said Danone's chief financial officer.
Bledina France, a baby food unit of Danone, said it had achieved formal B-Corp certification as a 'for-profit' corporation committed to positive social and environmental goals.
French food group Danone shrugged off a slow start to the year on Wednesday, saying it expected sales growth to accelerate after setbacks in China and Morocco.
French food group Danone kept its forecasts for a further rise in sales and profits this year although weaker demand for infant formula products in China and a consumer boycott in Morocco weighed on first-quarter sales.
Evian, Danone's popular mineral water brand, said it planned to sell an in-home water appliance featuring a balloon-like recyclable container, as companies around the world step up efforts to cut down on the use of plastic.
Shares in Danone rose on Friday as investors welcomed the French food group's deal to sell its loss-making U.S. organic salad business Earthbound Farm.
French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.
* 'Health for Life Capital II', a world-leading microbiome-focused fund, announces its first close
Food group Danone struck a confident note on prospects for 2019 after strong fourth-quarter sales, although some disappointment over margins weighed on the company's shares.
Food group Danone said on Tuesday it would further accelerate sales growth and profits this year, thanks to cost cuts and its push into healthy eating trends.
* Aims for 100% of packaging recyclable, reusable or compostable by 2025
Danone <DANO.PA> is banking on its expansion into the lucrative healthy eating business to produce sales growth that will beat the French food company's rivals over the coming decade.
French food group Danone said on Monday it was confident its specialised nutrition business would return to "strong positive" sales growth in the second half of next year.
Slacker demand for baby food in China and a consumer boycott in Morocco slowed third-quarter sales growth at Danone <DANO.PA>, although the French food group said it was sticking to its earnings growth targets.
Danone said sales growth slowed sharply in the third quarter, reflecting falling sales of its infant formula products in China due to challenging year-ago comparables, and due to lost dairy sales stemming from a consumer boycott in Morocco.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.