Danone shuts Ukraine plant, suspends Russia investments Shares in Danone fell 3% today after the French food group said it was suspending investments in Russia and had closed one of its two factories in Ukraine, following Russia's invasion of the country. Business • 07 Mar 22
Danone shuts Ukraine plant, suspends Russia investments Shares in Danone fell 3% today after the French food group said it was suspending investments in Russia and had closed one of its two factories in Ukraine, following Russia's invasion of the country. Business • 07 Mar 22
Danone plans more price hikes to offset cost inflation Danone has today pledged further productivity gains and price increases this year to offset cost inflation after the French food maker beat fourth-quarter sales forecasts, driving its shares up nearly 4%. Business • 23 Feb 22
Danone plans more price hikes to offset cost inflation Danone has today pledged further productivity gains and price increases this year to offset cost inflation after the French food maker beat fourth-quarter sales forecasts, driving its shares up nearly 4%. Business • 23 Feb 22
Danone keeps 2021 guidance in spite of inflation threat French food group Danone kept its guidance that it would return to profitable growth in the second half of 2021 even though sales growth slowed in the third quarter, highlighting the challenges facing its new chief executive. Business • 19 Oct 21
Danone keeps 2021 guidance in spite of inflation threat French food group Danone kept its guidance that it would return to profitable growth in the second half of 2021 even though sales growth slowed in the third quarter, highlighting the challenges facing its new chief executive. Business • 19 Oct 21
Danone keeps goals after weak start to 2021 Danone today kept its goal of returning to profitable growth in the second half of 2021 after posting a 3.3% fall in first quarter sales, as Covid-19 lockdowns continued to dent its bottled water and baby food sales. Business • 20 Apr 21
Danone keeps goals after weak start to 2021 Danone today kept its goal of returning to profitable growth in the second half of 2021 after posting a 3.3% fall in first quarter sales, as Covid-19 lockdowns continued to dent its bottled water and baby food sales. Business • 20 Apr 21
Danone Wexford produces formula milk in tab format Danone has launched the first ever formula milk in Europe to be sold in a pre-measured tab format. Business • 17 Mar 21
Danone Wexford produces formula milk in tab format Danone has launched the first ever formula milk in Europe to be sold in a pre-measured tab format. Business • 17 Mar 21
Danone board ousts boss Faber after activist pressure Danone said today that Emmanuel Faber would step down as chairman and CEO, ejected by the group's board after the Activia yoghurt maker faced growing calls from some shareholders to replace him Business • 15 Mar 21
Danone board ousts boss Faber after activist pressure Danone said today that Emmanuel Faber would step down as chairman and CEO, ejected by the group's board after the Activia yoghurt maker faced growing calls from some shareholders to replace him Business • 15 Mar 21
Faber drops Danone CEO role after investor pressure Danone's shares edged up today after the French food group split the chairman and chief executive roles held by Emmanuel Faber and launched a search for a new CEO following calls from several shareholders to shake up governance. Business • 02 Mar 21
Faber drops Danone CEO role after investor pressure Danone's shares edged up today after the French food group split the chairman and chief executive roles held by Emmanuel Faber and launched a search for a new CEO following calls from several shareholders to shake up governance. Business • 02 Mar 21
Danone plans to cut product range by 10-30% French food group Danone has laid out plans for becoming a more efficient organisation in a post-Covid world, including by cutting costs, trimming product ranges and reorganising its business. Business • 23 Nov 20
Danone plans to cut product range by 10-30% French food group Danone has laid out plans for becoming a more efficient organisation in a post-Covid world, including by cutting costs, trimming product ranges and reorganising its business. Business • 23 Nov 20
Danone launches portfolio review to cope with Covid-19 Danone said today it was launching a review of its assets and reshaping its management to better cope with challenges stemming from the coronavirus pandemic. Business • 19 Oct 20
Danone launches portfolio review to cope with Covid-19 Danone said today it was launching a review of its assets and reshaping its management to better cope with challenges stemming from the coronavirus pandemic. Business • 19 Oct 20
Danone hit by lockdown squeeze on bottled water sales Shrinking bottled water sales during Covid-19 lockdowns drove down Danone's quarterly sales, and the company warned costs linked to the pandemic would weigh on its profit margin for the rest of the year. Business • 30 Jul 20
Danone hit by lockdown squeeze on bottled water sales Shrinking bottled water sales during Covid-19 lockdowns drove down Danone's quarterly sales, and the company warned costs linked to the pandemic would weigh on its profit margin for the rest of the year. Business • 30 Jul 20
Danone's Wexford plant certified as carbon neutral Food group Danone's facility in Wexford is the first baby formula production site in the world to be certified carbon neutral by the Carbon Trust, an independent global climate change and sustainability consultancy. Business • 04 Jul 20
Danone's Wexford plant certified as carbon neutral Food group Danone's facility in Wexford is the first baby formula production site in the world to be certified carbon neutral by the Carbon Trust, an independent global climate change and sustainability consultancy. Business • 04 Jul 20
Danone withdraws 2020 guidance but Q1 sales rise Danone today withdrew its financial guidance for 2020 due to the disruption caused by the coronavirus pandemic, but posted higher first-quarter sales as shoppers bought more dairy, plant-based and nutrition products to eat at home. Business • 21 Apr 20
Danone withdraws 2020 guidance but Q1 sales rise Danone today withdrew its financial guidance for 2020 due to the disruption caused by the coronavirus pandemic, but posted higher first-quarter sales as shoppers bought more dairy, plant-based and nutrition products to eat at home. Business • 21 Apr 20
Danone cuts 2020 forecasts due to coronavirus outbreak Food group Danone has lowered its 2020 forecast for sales and profit margin, citing a particularly uncertain economic climate and the impact of the coronavirus. Business • 26 Feb 20
Danone cuts 2020 forecasts due to coronavirus outbreak Food group Danone has lowered its 2020 forecast for sales and profit margin, citing a particularly uncertain economic climate and the impact of the coronavirus. Business • 26 Feb 20
Danone narrows 2019 sales growth goal despite strong Q3 French food group Danone said revenue growth accelerated in the third quarter as baby food products sales in China delivered another a strong rise in turnover, offsetting a weaker performance in other areas. Business • 18 Oct 19
Danone narrows 2019 sales growth goal despite strong Q3 French food group Danone said revenue growth accelerated in the third quarter as baby food products sales in China delivered another a strong rise in turnover, offsetting a weaker performance in other areas. Business • 18 Oct 19
Food group Danone keeps goals despite weaker Q1 sales 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. Business • 17 Apr 19
Food group Danone keeps goals despite weaker Q1 sales 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. Business • 17 Apr 19
Danone eyes more sales and profit growth in 2019 Food group Danone has vowed to accelerate sales growth and profits this year, thanks to cost cuts and its push into healthy eating trends. Business • 19 Feb 19
Danone eyes more sales and profit growth in 2019 Food group Danone has vowed to accelerate sales growth and profits this year, thanks to cost cuts and its push into healthy eating trends. Business • 19 Feb 19
Danone's Q3 sales growth slows on China & Morocco woes Danone said sales growth slowed sharply in the third quarter, reflecting falling sales of its infant formula products in China amid tough comparables and a slower birth rate. Business • 17 Oct 18
Danone's Q3 sales growth slows on China & Morocco woes Danone said sales growth slowed sharply in the third quarter, reflecting falling sales of its infant formula products in China amid tough comparables and a slower birth rate. Business • 17 Oct 18
Danone's Q2 sales growth slows as Morocco boycott hits French food group Danone kept its annual financial goals although revenue growth slowed in the second quarter, reflecting lost dairy sales stemming from a consumer boycott in Morocco and a truck strike in Brazil. Business • 27 Jul 18
Danone's Q2 sales growth slows as Morocco boycott hits French food group Danone kept its annual financial goals although revenue growth slowed in the second quarter, reflecting lost dairy sales stemming from a consumer boycott in Morocco and a truck strike in Brazil. Business • 27 Jul 18
Chinese baby food demand boosts Danone Q1 sales French food group Danone has kept its guidance for a further rise in profits and sales this year after first quarter underlying sales growth beat market expectations. Business • 18 Apr 18
Chinese baby food demand boosts Danone Q1 sales French food group Danone has kept its guidance for a further rise in profits and sales this year after first quarter underlying sales growth beat market expectations. Business • 18 Apr 18
Chinese demand for baby food, water boost Danone sales Danone has reported a better-than-expected 4.7% rise in underlying third-quarter sales, helped by a strong recovery in demand for infant milk formula and water products in China. Business • 17 Oct 17
Chinese demand for baby food, water boost Danone sales Danone has reported a better-than-expected 4.7% rise in underlying third-quarter sales, helped by a strong recovery in demand for infant milk formula and water products in China. Business • 17 Oct 17
Danone raises 2017 forecast after WhiteWave deal French food group Danone has raised its forecast for earnings per share (EPS) growth in 2017, having now closed its $12.5 billion acquisition of US organic food producer WhiteWave Foods. Business • 21 Apr 17
Danone raises 2017 forecast after WhiteWave deal French food group Danone has raised its forecast for earnings per share (EPS) growth in 2017, having now closed its $12.5 billion acquisition of US organic food producer WhiteWave Foods. Business • 21 Apr 17
Danone unveils new cost cuts amid dairy pressures French food group Danone has today unveiled a new €1 billion cost cutting plan. Business • 15 Feb 17
Danone unveils new cost cuts amid dairy pressures French food group Danone has today unveiled a new €1 billion cost cutting plan. Business • 15 Feb 17
China challenges weigh on Danone Q3 sales French food group Danone today reported a slowdown in quarterly sales growth that was slightly worse than expected as difficulties in China hurt its baby food and water divisions. Business • 18 Oct 16
China challenges weigh on Danone Q3 sales French food group Danone today reported a slowdown in quarterly sales growth that was slightly worse than expected as difficulties in China hurt its baby food and water divisions. Business • 18 Oct 16
Danone upgrades 2016 guidance on emerging markets Danone, the world's largest yoghurt maker, today raised its 2016 profit margin target, citing a tight control of costs as it battles volatile markets, notably in China. Business • 14 Jun 16
Danone upgrades 2016 guidance on emerging markets Danone, the world's largest yoghurt maker, today raised its 2016 profit margin target, citing a tight control of costs as it battles volatile markets, notably in China. Business • 14 Jun 16
Danone's sales rise as dairy product demand up Danone today reported stronger than expected first-quarter sales and said it was on track to deliver higher sales and profits this year despite challenging conditions in Brazil and Russia. Business • 19 Apr 16
Danone's sales rise as dairy product demand up Danone today reported stronger than expected first-quarter sales and said it was on track to deliver higher sales and profits this year despite challenging conditions in Brazil and Russia. Business • 19 Apr 16
