Company Profile For Danone S.A.

Danone S.A. (DANO.PA) (Paris Stock Exchange)

sector: Non-Cyclical Consumer Goods & Services · industry: Food Processing ·

As of 25 Nov 2009

40.83EUR

Price Change

-0.25

Percent Change

-0.61%

Analyst Recommendations

Overview

Danone SA, formerly Groupe Danone SA, is a France-based company engaged in the food processing sector. The Company produces fresh dairy products, beverages, baby food and clinical nutrition products. Its portfolio of brands and products includes Activia, a probiotic dairy product line; Danette, a brand of cream desserts; Nutricia, an infant product line; Danonino, a brand of yoghurts, and Evian, a brand of bottled water, among others. Danone SA operates worldwide through a number of subsidiaries, comprising the wholly owned Danone GmbH, Danone Dnipro, Danone Hayat and Zywiec Zdroj, as well as Nutricia Baby OY Ltd, Milupa SA and others. In April 2009, the Company sold its 50% interest in ABI Holdings Limited (held through the Britannia Brands Limited) to Wadia Group. ABI Holdings Limited holds an effective 50.96% interest in the Company.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Danone SA's total revenue decreased 2% to EUR7.52B. Net income from continuing operations increased 49% to EUR932M. Total revenue reflects weakened performance in the Fresh Dairy Products and Waters business segments. Net income from continuing operations benefited from significantly decreased interest expense as well as lower research and development expenses.