Welcome to our dedicated page for Danone news (Ticker: DANOY), a resource for investors and traders seeking the latest updates and insights on Danone stock.
Danone (DANOY), a global leader in nutrition and dairy innovation, maintains this dedicated news hub for stakeholders tracking corporate developments. Our curated collection provides immediate access to official announcements and market-moving updates from the multinational food producer.
This resource serves investors and industry observers with timely updates on financial results, product launches, and strategic partnerships. Users will find comprehensive coverage of Danone's initiatives across dairy alternatives, medical nutrition, and sustainable production practices.
The page aggregates essential updates including quarterly earnings disclosures, regulatory filings, and leadership changes. Content spans operational developments in plant-based product lines, infant nutrition research breakthroughs, and global market expansion efforts.
Bookmark this page for streamlined access to Danone's latest corporate communications. Check regularly for verified updates impacting the company's position in the competitive food and beverage sector.
Danone's new CEO, Antoine de Saint-Affrique, unveiled the "Renew Danone" strategic plan at a Capital Market Event aimed at restoring growth and enhancing value creation. The plan focuses on four pillars: restoring competitiveness, selective expansion, future growth avenues, and active portfolio rotation. Targets for 2022 include price-led sales growth between +3% and +5% and a recurring operating margin above 12%. The strategy emphasizes capital discipline, increased investments, and prioritizing consumer needs, aiming for a sustainable growth model.
Danone announces the proposal of three independent Directors for its Board, subject to shareholder approval during the 2022 Shareholders’ Meeting. The candidates include Patrice Louvet, CEO of Ralph Lauren; Géraldine Picaud, CFO of Holcim; and Susan Roberts, a nutrition expert at Tufts University. This move is part of Danone's ongoing Board renewal strategy, aiming for 80% independence and gender parity by 2023, alongside a blend of global experience in Consumer Goods, Health, and Sustainability.
Danone reported a solid performance in FY 2021, with net sales of €24,281m, marking a +3.4% increase on a like-for-like basis. Q4 sales surged by +6.7% and the company achieved a FY recurring operating margin of 13.7%. Despite a slight dip in recurring EPS to €3.31 (-1.1% vs last year), free cash flow increased by 21.3% to €2.5bn. However, the reported operating margin fell to 9.3%, influenced by one-off costs during transformation efforts. A €1.94 dividend per share was proposed, consistent with previous year. A capital market event is scheduled for March 8, 2022.
DANONE has updated its total number of voting rights and shares as of January 31, 2022. The company reports a total of 687,682,489 shares outstanding, with 712,945,694 theoretical voting rights and 663,354,095 exercisable voting rights. The distinction between theoretical and exercisable voting rights is crucial for understanding shareholding thresholds, as some shares may have suspended voting rights.
Danone has released information regarding its voting rights and shares as of December 31, 2021. The company reports a total of 687,682,489 shares and 712,985,174 theoretical voting rights. The number of exercisable voting rights stands at 663,392,164. This disclosure complies with French regulations to keep shareholders informed about shareholding thresholds and voting rights.
On January 6, 2022, Danone announced key appointments to its Executive Committee, aimed at enhancing its leadership in operations, research, innovation, quality, and sustainability. Vikram Agarwal will serve as Chief Operations Officer, starting January 2022, with over 33 years of experience. Isabelle Esser will take on the Chief Research, Innovation, Quality and Food Safety Officer role in April 2022, bringing 25 years of expertise. Henri Bruxelles will become Chief Sustainability and Strategic Business Development Officer, focusing on sustainable growth opportunities. CEO Antoine de Saint-Affrique emphasized the importance of these additions.
Danone announced the appointment of Valérie Chapoulaud-Floquet to its Board of Directors, effective March 1, 2022, following Isabelle Seillier's resignation for personal reasons. This change is part of a broader Board overhaul intended to renew the entirety of the Board by 2023, excluding the Chairman, CEO, and two employee representatives. Gilles Schnepp, Chairman, highlighted Chapoulaud-Floquet's extensive FMCG expertise. The company aims to strengthen its governance and will propose additional new directors ahead of the 2022 Shareholders’ Meeting.
Danone has released an update in compliance with Article L. 233-8 II of the French Commercial Code regarding its total number of shares and voting rights.
As of November 30, 2021, Danone has a total of 687,682,489 shares, with a theoretical voting rights total of 713,002,377. The number of exercisable voting rights stands at 663,405,999.
This information is intended to keep shareholders informed about major corporate governance aspects.
Danone has announced the sale of Aqua d'Or, its Water and Beverage business in Denmark, to Royal Unibrew, a Danish brewing and beverage company. This decision is part of Danone's strategic portfolio review aimed at optimizing capital allocation. The transaction's closing is subject to customary conditions. Danone, committed to health-focused practices and sustainability, generated €23.6 billion in sales in 2020 and aims for B Corp certification by 2025.
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