Danone Stock Price, News & Analysis

Danone (DANOY) announced that Shane Grant, Group Deputy CEO, CEO Americas and EVP Dairy, Plant-Based and Global Sales, will be leaving the company effective June 13th, 2025 to pursue new opportunities. Véronique Penchienati-Bosetta, current Group Deputy CEO, will temporarily assume Grant's responsibilities in addition to her existing duties. Grant, who joined Danone in 2020, has been credited with advancing the company's business across North and Latin America, commercial teams, and categories.

Danone (DANOY) has disclosed its latest share and voting rights information as of April 30, 2025. The company reported a total of 679,553,991 shares outstanding. The total number of theoretical (gross) voting rights stands at 699,851,306, while the total number of exercisable (net) voting rights is 661,754,638. This disclosure is in compliance with French regulatory requirements, specifically Article L. 233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulation. The difference between theoretical and exercisable voting rights represents shares with suspended voting rights.

Danone (DANOY) has announced a definitive agreement to acquire a majority stake in Kate Farms, a U.S.-based company specializing in plant-based, organic nutrition products for medical and everyday needs. The strategic partnership aims to enhance Danone's specialized nutrition offerings and expand Kate Farms' reach both in the U.S. and internationally. Brett Matthews, Kate Farms' current CEO, will become Chairman and CEO of Danone's North American Medical Nutrition business post-acquisition, while Kate Farms' senior management will retain a minority stake. Kate Farms, founded to help a young girl named Kate who couldn't tolerate traditional tube feeding formulas, now provides nutritional products available in over 1,400 U.S. hospitals and is eligible for insurance coverage through Medicare, Medicaid, private insurance, and WIC in 33+ states. The transaction is subject to customary closing conditions and regulatory approval.

Danone held its 2025 Shareholders' Meeting with 72.66% of total outstanding share capital represented. Shareholders approved all resolutions, including financial statements for 2024 and a cash dividend of €2.15 per share, representing a 2.4% increase from previous year. The dividend ex-date is set for May 5, 2025, with payment on May 7, 2025.

The meeting approved renewals for Antoine de Saint-Affrique (CEO) and independent directors Patrice Louvet, Géraldine Picaud, and Susan Roberts. Additionally, Danone continues its global Employee Share Subscription Plan, allowing international employees from 48 countries to subscribe to new shares at a 30% discount from the reference price, covering approximately 85% of worldwide employees.

Danone (DANOY) reported strong Q1 2025 performance with sales reaching €6,844 million, representing a +4.3% like-for-like growth. The growth was driven by both volume/mix (+1.9%) and price (+2.4%) increases across all categories.

Geographic performance highlights include: China, North Asia & Oceania showing exceptional growth of +9.9% LFL, North America delivering solid +3.7% growth led by High Protein products, and Europe achieving +2.0% growth with positive volume/mix for the sixth consecutive quarter.

By category, Specialized Nutrition grew +5.3%, Waters +4.1%, and EDP (Essential Dairy & Plant-based) +3.7%. The company completed a share buyback of 2.7 million shares for €192 million and issued an €800 million bond with an 8-year maturity. Danone confirmed its 2025 guidance with LFL sales growth expected between +3% and +5%, with recurring operating income growing faster than sales.

Danone (DANOY) has released its latest voting rights and shares report as of March 31, 2025. The company's total share capital consists of 679,553,991 shares, with 698,754,239 theoretical (gross) voting rights and 660,657,571 exercisable (net) voting rights.

The theoretical voting rights serve as the basis for calculating shareholding threshold crossings, including shares with suspended voting rights, in accordance with AMF General Regulation Article 223-11. The exercisable voting rights figure excludes shares with suspended voting rights and is published to ensure public transparency, following AMF's recommendation from July 17, 2007.

Danone (DANOY) has announced its upcoming Combined Shareholders' Meeting scheduled for April 24, 2025, at 2:30 pm (Paris time). The meeting will take place at the Maison de la Mutualité in Paris, France.

The company has published both preliminary and meeting notices in the French Bulletin des Annonces Légales Obligatoires on March 5 and April 2, 2025. All relevant documentation, including draft resolutions, Board of Directors' report, and participation information, is available on Danone's website. The annual report of the Mission Committee will also be accessible to shareholders.

The meeting will be broadcast live and recorded in both French and English on Danone's website, ensuring accessibility for international shareholders.

Danone (DANOY) has successfully issued a €800 million bond with an 8-year maturity and a 3.438% coupon rate. The bond issuance, announced on April 1, 2025, aims to enhance the company's funding flexibility and extend its debt maturity.

The settlement is scheduled for April 7, 2025, with the bonds to be listed on Euronext Paris. The issue attracted widespread subscription from diverse investors, demonstrating strong confidence in Danone's business model and credit profile. The company maintains stable credit ratings of BBB+ from Standard & Poor's and Baa1 from Moody's.

Danone (DANOY) has released a regulatory update regarding its voting rights and shares in compliance with French regulatory requirements. The company, headquartered at 17 boulevard Haussmann in Paris, provided information on two key metrics:

1. Theoretical voting rights ('gross' voting rights): Used for calculating shareholding thresholds, including all shares with voting rights, even those suspended.

2. Exercisable voting rights ('net' voting rights): Calculated excluding shares with suspended voting rights, published to ensure public transparency as per AMF recommendation from July 17, 2007.