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Danone SA (DANO.PA)

DANO.PA on Paris Stock Exchange

71.73EUR
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Latest Key Developments (Source: Significant Developments)

Fonterra Co-Operative ‍Revises Earnings Forecast After Outcome Of Danone Arbitration​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Fonterra Co-Operative Group Ltd ::ANNOUNCES OUTCOME OF DANONE ARBITRATION​.‍DECISION HAS NO IMPACT ON FORECAST FARMGATE MILK PRICE​.MADE A DECISION TO REVISE ITS FORECAST EARNINGS PER SHARE RANGE FOR 2017/18 FINANCIAL YEAR TO 35 TO 45 CENTS, DOWN FROM 45 TO 55 CENTS​.  Full Article

Fonterra Confirms Amount Of Award In Arbitration Proceedings​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Fonterra Co-Operative Group Ltd ::‍FONTERRA CONFIRMS AMOUNT OF AWARD IN ARBITRATION PROCEEDINGS​.‍FONTERRA IS AWARE THAT DANONE HAS INDICATED THAT IT HAS BEEN AWARDED DAMAGES IN AMOUNT OF NZ$183 MILLION IN ARBITRATION​.‍FONTERRA CAN CONFIRM THAT THIS IS AMOUNT OF AWARD AND IS CURRENTLY CONSIDERING FULL FINANCIAL IMPLICATIONS OF AWARD​.  Full Article

Danone Says Co Awarded Damages Of €105 Mln To Be Paid Immediately By Fonterra ‍​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Danone SA ::AWARDED DAMAGES OF €105 MILLION TO BE PAID IMMEDIATELY BY FONTERRA FOR COSTS SUFFERED AS A RESULT OF FONTERRA FOOD SAFETY FAILURES OF 2013. ‍​.  Full Article

Fonterra Requests Temporary Trading Halt
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Fonterra Co-Operative Group Ltd ::FONTERRA REQUESTS TEMPORARY TRADING HALT.‍REQUEST HAS BEEN MADE TO GIVE FONTERRA TIME TO CONSIDER OUTCOME OF ITS ARBITRATION WITH DANONE ​.‍FONTERRA HAS BEEN ADVISED THAT IT WILL RECEIVE ARBITRATION TRIBUNAL'S DECISION TODAY​.‍ARBITRATION WITH DANONE REGARDING FONTERRA'S 2013 WHEY PROTEIN CONCENTRATE PRECAUTIONARY RECALL.​.‍FONTERRA HAS BEEN ADVISED THAT IT WILL RECEIVE ARBITRATION TRIBUNAL'S DECISION ON DEC 1.WILL NOT BE IN A POSITION TO IMMEDIATELY ASSESS ANY FINANCIAL IMPLICATIONS AND ADVISE MARKET ON TRIBUNAL'S DECISION​.‍REMAINS IN A STRONG FINANCIAL POSITION AND ANY DAMAGES AWARD WILL NOT AFFECT OUR ABILITY TO OPERATE​.  Full Article

Danone gaining market share in Chinese infant formula market - CFO
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Danone Finance Head Cecile Cabanis tells analysts during a call::Danone expects to deliver synergies from WhiteWave acquisition faster than expected this year.Consumer demand remains subdued in Europe, Brexit also creates uncertainty.Danone has completed the registration of all its infant milk formula products in China.Danone expects Q4 to be a strong quarter for early life nutrition business.Danone expects water business to remain solid for the full year.Danone says expects essential dairy and plant based (EDP) business in Noram to return to positive territory in Q4.Danone says expects international EDP sales to improve in Q4 versus Q3 but to remain negative.SAYSsays early life nutrition market growing strongly in China and Danone is gaining market share.Danone says turning around Brazil dairy business will take time, no turnaround expected before the course of 2018.  Full Article

Danone sees no significant improvement in Activia Europe bef. 2018
Wednesday, 15 Feb 2017 

Danone CEO Emmanuel Faber tells analysts: Will not see significant improvement in activia europe before 2018 - CEO .Danone dairy division will start 2017 overall negative and will be negative in Europe for some time - ceo.  Full Article

Danone eyes moderate sales growth in 2017 - CFO
Wednesday, 15 Feb 2017 

Danone CFO Cecile Cabanis tells analysts:Expects moderate top line growth for 2017 , with low start of the year - cfo.  Full Article

ICT Group wins contract from Danone Nutricia
Tuesday, 4 Oct 2016 

ICT Group NV :Selected by Danone Nutricia to develop manufacturing software for new smart factory.  Full Article

WhiteWave Foods- Danone voluntarily withdrew its Hart-Scott-Rodino Act notification on Aug 31
Saturday, 24 Sep 2016 

WhiteWave Foods Co: On August 31, 2016, Danone voluntarily withdrew its Hart-Scott-Rodino act notification to provide DOJ with additional time for review - SEC Filing . On Sept 2, Danone refiled its notification, such that waiting period is currently scheduled to expire at 11:59 pm on Oct 3 . WhiteWave anticipates that DOJ will issue a request for additional information . Understands that Danone expects to obtain a clearance decision for deal by end of November . Understands that Danone anticipates making required notification under eu merger regulation by early October .WhiteWave and Danone have been working with DOJ and European commission and continue to target closing transaction by end of 2016.  Full Article

Whitewave foods files proxy statement related to proposed acquisition by Danone
Tuesday, 30 Aug 2016 

Whitewave Foods Co :Files proxy statement related to proposed acquisition by Danone.  Full Article