Danone

Danone

Danone €959m 2022 profit down 50% on 2021 due to higher raw material prices and partial withdrawal from Russia

Singular Bank : The world’s leading group in the dairy products segment (with a dominant position in Yogurt), in Water and in Infant and Medical Nutrition, has published its results for the last quarter of the year. Like-for-like sales (LFL) rose 7.0%, beating consensus on almost all measures, thanks to an 11.3% rise in prices and despite a 4.4% drop in volume. By business, EDP (Essential Dairy & Plant-based) grew…


Danone

EuroStoxx50 Analysis: Danone

Danone is a French food and agriculture company, headquartered in Paris. It has four business divisions: (i) Fresh dairy products (49% ventas), (ii) Waters (23%), (iii) Early Life Nutrition(21%) and (iv) Medical Nutrition (7%).