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Danone is the world's second-biggest baby formula maker after Nestle but a relatively small player in the US

Danone doubles supply of some baby formula to US

Danone has been doubling shipments to the US of Neocate formula for infants allergic to cow's milk, a top executive told Reuters today, hoping to help stem a nationwide shortage of formula.

Business • 25 May 22

Danone is the world's second biggest baby milk formula maker but a relatively small player in the US

Danone ramps up US baby formula shipments

Aptamil maker Danone has stepped up shipments of infant formula from Europe to address a shortage in the US, according to US customs data and an analysis of ocean cargo data by shipping consultancy Ocean Audit for Reuters.

Business • 20 May 22

Danone has suspended its investments in Russia

Danone keeps goals after strong start to 2022

French food group Danone kept its financial goals for the 2022 full year after it delivered stronger-than-expected 7.1% sales growth in the first quarter.

Business • 20 Apr 22

A Danone source said the company wanted to avoid losing assets in Russia or exposing local staff to trouble

Danone says 'all options on table' on Russia business

French food group Danone is looking at possible ways of withdrawing from Russia after as the war in Ukraine worsens amid reports of killings of civilians in the city of Bucha, a source close to the matter said today.

Business • 05 Apr 22

Danone said it would continue to sell dairy and baby food in Russia

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 is the world's largest yoghurt maker

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

Covid has complicated matters for Danone by hitting sales of bottled water sold in bars and restaurants, while pushing up costs for transport to raw materials

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

Covid-19 lockdowns continued to dent Danone's bottled water and baby food sales

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

Anthony Bail and Graham Kelly Production Operators at Danone s Wexford facility

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

Emmanuel Faber is to step down as chairman and CEO of Danone

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

Emmanuel Faber, currently the chairman and CEO of Danone

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 is planning on becoming a more 'local-first' organisation worldwide

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

France's Danone is the world's largest yoghurt maker

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

Sales at Danone's bottled water division sank by 28%

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 employs 350 people at its facility in Wexford, which produces brands like Aptamil and Cow & Gate

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 said its sales rose a stronger-than-expected 3.7% to €6.138 billion in the first quarter

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 said the coronavirus outbreak would result in €100m of lost sales

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 is the world's largest yoghurt maker and has brands such as Actimel and Activia

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, the world's largest yoghurt maker, said its Q1 underlying sales rose by 0.8% to €6.138 billion

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, the world's largest yoghurt maker, has stabilised its dairy sales in Europe

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 said today it was keeping its full year financial goals

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 today posted a 7.9% rise in first-half operating profit, helped by cost control

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 is the world's largest yoghurt maker and its brands include Actimel and Activia

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

Danone has suffered slower growth than its rivals, which include Nestle and Unilever

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 has completed the $12.5 billion acquisition of US organic food producer WhiteWave Foods

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