Danone Stock Price, News & Analysis

Danone has made its consolidated financial statements and statutory auditors’ report for the fiscal year ending December 31, 2022, publicly available. Investors can access these documents online at www.danone.com, specifically in the Investors section under Regulated Information. This notification serves to inform stakeholders about the availability of critical financial data that could influence investment decisions.

Danone has disclosed key information regarding its voting rights and share structure as of February 28, 2023. The total number of shares stands at 675,837,932, with 699,962,545 theoretical voting rights and 663,732,544 exercisable voting rights. This disclosure complies with Article L. 233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulation. The distinction between theoretical and exercisable voting rights is crucial for understanding shareholding thresholds and ensuring transparency for shareholders.

Danone has reported strong financial results for 2022, with net sales of €27,661m, representing a 13.9% increase. On a like-for-like basis, sales grew by 7.8%, driven by an 8.7% rise in price, despite a 0.8% decline in volume/mix. The company achieved a recurring EPS of €3.43, up 3.6% year-over-year, and proposed a dividend of €2.00 per share. For 2023, Danone forecasts like-for-like sales growth of 3-5% and aims to improve its recurring operating margin. Key regional performances included significant growth in North America and the Rest of the World, although the recurring operating margin decreased to 12.2%, attributed to input-cost inflation.

DANONE has reported the total number of voting rights and shares as of January 31, 2023. The total number of shares stands at 675,837,932.

The total number of theoretical voting rights is 699,982,512, which includes shares with suspended voting rights. The total number of exercisable voting rights is 663,752,511, excluding those with suspended voting rights. This disclosure complies with Article L. 233-8 II of the French Commercial Code and Article 223-16 of the AMF regulations, ensuring public transparency.

Danone announced on January 26, 2023, that it will explore strategic options, including a potential sale, for its U.S. organic dairy operations, which include the Horizon Organic and Wallaby brands. These brands constitute about 3% of Danone's global revenues and have negatively impacted the company’s like-for-like sales growth and recurring operating margin in 2022. CEO Antoine de Saint-Affrique emphasized that while these brands are strong, they do not align with Danone's priority growth areas as defined in its Renew strategy. This move is part of a broader portfolio review initiated in March 2022.

On January 18, 2023, Danone announced the appointment of three Group Deputy CEOs to enhance its leadership and drive the Renew Danone strategy. Véronique Penchienati-Bosetta will oversee Global Marketing, Digital, and Specialized Nutrition, while Shane Grant will lead the Americas and Global Dairy and Plant-Based initiatives. Juergen Esser is assigned to Finance, Technology, and Data. The company also reported the departure of two executives, Nigyar Makhmudova and Floris Wesseling. The new leadership structure aims to improve decision-making and execution speed, with changes effective February 1, 2023. Danone will adjust financial reporting accordingly.

Danone has announced a groundbreaking initiative to cut its methane emissions from fresh milk by 30% by 2030, making it the first food company to align its goals with the Global Methane Pledge. This plan aims to eliminate 1.2 million tons of CO2 equivalent methane by 2030 and builds on a 14% reduction achieved from 2018 to 2020. The company will partner with the Environmental Defense Fund to enhance reporting and advocacy for methane solutions. Danone's efforts, which include working with 58,000 farmers, address the 8% of total human-caused methane emissions arising from dairy production.

DANONE has disclosed its total number of shares and voting rights as of December 31, 2022. The company has 675,837,932 shares outstanding, with a total of 700,077,825 theoretical voting rights. The total number of exercisable voting rights stands at 663,847,824. This information complies with Article L. 233-8 II of the French Commercial Code and Article 223-16 of the Financial Markets Authority regulations. The announcement is part of regular disclosures to shareholders and regulatory bodies.

DANONE has disclosed its total number of voting rights and shares as of November 30, 2022. The total number of shares stands at 675,837,932, while the total theoretical voting rights are 700,083,982. The exercisable voting rights amount to 663,849,920.

This information is provided in compliance with French regulations, specifically Article L. 233-8 II and Article 223-16 of the AMF General Regulation, ensuring transparency for shareholders and the public.