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Danone set for sales growth acceleration in Q4 - CFO
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Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division produces and markets yogurts, fermented fresh dairy products and specialized dairy products. The Waters Division comprises the natural waters business along with Aquadrinks (waters flavored and vitamin-enriched with natural fruit juice extracts, fruit juice and vitamins). The Early Life Nutrition Division focuses on the right nutrition in the first 1,000 days from the start of pregnancy to two years of age, and produces and distributes specialized foods for babies and young children to complement breast-feeding. The Medical Nutrition Division produces and distributes specialized food for people afflicted with certain illnesses or frail elderly people.
17 boulevard Haussmann
Chairman of the Board, Chief Executive Officer, Member of the Executive Committee
Director, Chief Financial Officer, Member of the Executive Committee, Head of Information Systems and Technologies - in charge of Cycles, Procurement and Sustainable Resources Development
Executive Vice President of Human Resources, Corporate Secretary, Member of the Executive Committee, Head of One Danone
Executive Vice President - Waters and Africa, Member of the Executive Committee
Executive Vice President - Essential Dairy and Plant-Based, Member of the Executive Committee
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Danone cut its 2019 sales growth outlook after missing third-quarter sales expectations on Friday, sending shares in the French food group down 7%.
French food group Danone said sales growth accelerated in the third quarter as baby food products sales in China extended their rebound with a rise of over 20%.
* Danone keeps 2019 and 2020 goals, shares up 1.5 pct (Recasts with CFO call, shares, analyst)
French food group Danone said sales growth accelerated in the second quarter in all its business lines, beating expectations, and baby food products sales in China were back into positive territory after three quarters of decline.
* Danone has "ultra premium" innovation in pipeline in China ELN
Bledina France, a baby food unit of Danone, said it had achieved formal B-Corp certification as a 'for-profit' corporation committed to positive social and environmental goals.
* Danone keeps 2019 goals, growth to accelerate from Q2 (Adds shares and comments from CFO and analyst)
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.
Evian, Danone's popular mineral water brand, said it planned to sell an in-home water appliance featuring a balloon-like recyclable container, as companies around the world step up efforts to cut down on the use of plastic.
French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.
* China Early Life Nutrition sales down 10 pct in Q4 (Adds more comments and details throughout)
Food group Danone said on Tuesday it would further accelerate sales growth and profits this year, thanks to cost cuts and its push into healthy eating trends.
French food group Danone expects to triple the size of its plant-based business to 5 billion euros ($5.75 billion) by 2025 as it pushes further into the field of healthy eating trends.
French food group Danone said on Monday it was confident its specialised nutrition business would return to "strong positive" sales growth in the second half of next year.
* Keeps 2018 goals (Adds share reaction, analyst, CFO comments)
Danone said sales growth slowed sharply in the third quarter, reflecting falling sales of its infant formula products in China due to challenging year-ago comparables, and due to lost dairy sales stemming from a consumer boycott in Morocco.
Results from Moroccan dairy business Centrale Danone and bottled water company Les Eaux Minerales d’Oulmes this week demonstrated the impact of a months-long consumer boycott in the North African country.
French food group Danone announced on Wednesday a series of measures in Morocco aimed at regaining trust of consumers as the company faces a widespread boycott in the country.
French food group Danone , which is seeking to regain consumer trust in the face of a consumer boycott in Morocco, could make announcements on that front soon, its chief financial officer said on Wednesday.
Carrefour, Europe's largest retailer, said on Monday that the head of yoghurt maker Danone will sit on a food advisory committee the supermarket group is setting up as it seeks to boost sales of organic products.
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