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.
In the first quarter of 2023, Danone reported net sales of €6,962 million, reflecting an increase of 11.6% on a reported basis and 10.5% on a like-for-like (LFL) basis. This growth was driven by a 10.3% rise in price and a slight 0.2% increase in volume/mix. All geographical regions contributed positively, with notable gains of 16.0% in China and 11.8% in North America. Danone has upgraded its 2023 guidance, now forecasting LFL sales growth between 4% and 6%. The CEO emphasized the company's commitment to its Renew Danone strategy while announcing the planned redemption of a €750 million hybrid bond by June 23, 2023.
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