danone

Danone sales beat forecasts amid strong Asia demand

DANONE said customers are back buying more expensive branded goods as cost-of-living pressures ease and some Asian markets recover.

Danone is also throwing its weight behind France's bid for the 2030 Winter Games.

Danone expects Olympics sales boost after brand revamp ahead of Games

The group is expected to report its post-Games earnings results in October

Danone expects to achieve annual like-for-like net sales growth of 3 to 5 per cent for 2025 to 2028, in line with the target it set for 2024.

Danone steps up health focus to boost growth

Targets like-for-like sales growth of 3 to 5% in 2025-2028’ with health, medical nutrition key growth drivers

Sales rose 4.1 per cent to 6.79 billion euros (S$9.85 billion) in the first quarter, beating expectations for 3.4 per cent growth in a company-compiled consensus of 17 analysts.

Danone beats Q1 sales forecasts, keeps 2024 goals

Danone posted stronger-than-expected quarterly sales on Thursday (Apr 18), with all businesses delivering volume growth as the world’s largest yoghurt maker managed to raise prices to cope with higher...

“Danone is going to write a letter to the Kremlin and is studying the legal remedies, but in this kind of country, it is not easy to exercise your rights,” the source says.

Danone reviews legal options after Russia seizes local business

FRENCH dairy group Danone is reviewing its legal options after the Russian state took control of its subsidiary in the country, a source close to the matter told Reuters on Monday (Jul 17).

Sunday’s move is only the second time the Kremlin has used the decree to seize assets.

Russia takes ‘temporary’ control of Danone, Carlsberg assets

RUSSIA seized control of the Russian subsidiaries of France’s Danone and Denmark’s Carlsberg under a decree by President Vladimir Putin aimed at companies from “unfriendly” countries.

French food group Danone, which makes Activia yoghurt, Aptamil infant formula and Evian water, has largely relied on Europe for raw materials.

Danone sources whey from Asia as costs in Europe rise

FRANCE’S Danone is getting more whey and aluminium from parts of Asia, a top executive told Reuters, a move which analysts said could cut costs but also antagonise European suppliers.

Danone has increased prices to cope with surging costs but faces a challenge when it comes to the extent of price hikes before even affluent shoppers decide enough is enough.

Danone eyes better margins in 2023, Q4 sales top estimates

DANONE like-for-like quarterly sales growth topped estimates on Wednesday (Feb 22) on the back of higher prices amid soaring raw materials and energy costs which still weighed down its full-year opera...

Sanctions over the war in Ukraine make it difficult to turn around Danone’s sluggish business in Russia.

Danone puts lagging US brands including Wallaby up for sale

Danone is putting US yogurt brands Wallaby and Horizon Organic under strategic review as part of new chief executive Antoine de Saint-Affrique’s turnaround plan for the Paris-listed dairy giant.

Danone says has no plans to sell any of its 3 main divisions

Danone says has no plans to sell any of its 3 main divisions

FRENCH food group Danone said on Wednesday (Apr 20) it had no plans to sell any of its 3 main businesses -- dairy and plant-based products, infant formula and bottled water.