Streetbeat News

DANOY

Danone

https://www.danone.com/

CEO

Emmanuel Faber

Industry

Dry, Condensed, and Evaporated Dairy Product Manufacturing

Open

15.60

Mkt cap

50B

Volume

78K

High

15.66

P/E Ratio

22.97

52-wk high

15.68

Low

15.58

Div yield

0.03

52-wk low

7.08

Danone has published its 2024 Universal Registration Document, which includes key financial and governance reports, a share buyback program description, and sustainability information.

Portfolio Pulse from

March 11, 2025 | 6:30 pm

Danone S.A. (DANOY) held its 2024 Full Year Results Earnings Conference Call, discussing financial performance and future outlook.

Portfolio Pulse from

February 26, 2025 | 8:00 pm

Danone reported strong FY 2024 results with a 4.3% increase in like-for-like sales, driven by a 3% rise in volume/mix and a 1.3% increase in price. The company showed strong performance in North America and Europe, with a record free cash flow of €3.0bn. Danone's recurring operating margin improved to 13.0%, and the proposed dividend is up 2.4% to €2.15. The company is confident in its 2025 guidance, expecting sales growth between 3% and 5%.

Portfolio Pulse from

February 26, 2025 | 6:45 am

Danone and NGOs have reached an agreement to end legal proceedings concerning Danone's vigilance plan on plastic use. The plan now includes detailed actions on reducing, reusing, recycling, and recovering plastic packaging.

Portfolio Pulse from

February 21, 2025 | 5:15 pm

Barclays analysts predict a significant shift in the weight-loss drug market by 2025 with the introduction of a new generation of more powerful treatments. This could mark an inflection point for GLP-1-based weight loss treatments.

Portfolio Pulse from

December 16, 2024 | 4:00 pm

Lifeway Foods has rejected Danone's revised proposal to acquire all remaining shares for $27.00 per share, providing additional reasons for the decision.

Portfolio Pulse from

November 26, 2024 | 12:45 pm

Danone, the maker of Evian, has successfully defended against a lawsuit accusing it of misleading consumers with its 'carbon neutral' claim. The lawsuit alleged that Danone's manufacturing process for Evian allowed carbon dioxide emissions, but the court ruled in favor of Danone, stating the claim was technically true.

Portfolio Pulse from

November 18, 2024 | 6:00 pm

Lifeway Foods has rejected a takeover offer from Danone, considering it undervalued, and has implemented a shareholder rights plan to protect against the acquisition.

Portfolio Pulse from

November 05, 2024 | 8:00 pm

General Mills is selling its North American yogurt business to Lactalis and Sodiaal for $2.1 billion, citing competition and market challenges. The deal is expected to be completed by 2025 and may dilute earnings. Proceeds will be used for share repurchases.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 3:23 pm

Nestlé SA has launched Vital Pursuit, a new food line aimed at users of GLP-1 weight loss medications, but will avoid mentioning the drugs on packaging to sidestep regulatory issues. Other companies like Herbalife, Coca-Cola, and Conagra are also targeting this market with varying strategies.

Portfolio Pulse from Vandana Singh

June 21, 2024 | 10:18 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.