In the first nine months of 2022 it had brought home 5 pct of its net sales thanks to the Russian division. "Operating conditions are extremely tense in Russia and Ukraine"
There are rumors about the interest of Lactalis (Parmalat) for the competitor French giant. Benetton bets on Dufry for Autogrill and sides with Caltagirone on Generali
Two weeks after the board that had established the dissociation of the positions at the top of Danone, the board "ends with immediate effect" the positions of the former number one Faber - Activist funds win, the title runs
Italy's Bivona activist fund has called for governance changes in light of the group's disappointing stock market results
Danone and Nestlé Waters, present in Italy through the Sanpellegrino Group, the two largest leading bottled water companies in the world, have joined forces with ORIGIN Materials, a biotech company based in Sacramento, California,…
The president and CEO Franck Riboud, after 18 years at the helm of the company, hands over the role of CEO to Emmanuel Faber, who until now has been his deputy - The change implies a change in governance, with the dissociation of…
Danone stabilizes its margin after the problems of 2013 caused by the difficulties in China, by the increase in milk prices, by the tax burden and by the effects of the exchange - The intention, declared the group, is to return to having…
The French food group has announced the cut of its estimates on sales and margins for the whole of 2013 - The botulism alarm that broke out this summer in China weighs on Danone's growth, which significantly reduced sales of products…
On Friday the rumors of a residual takeover bid by the French majority shareholder had pushed up the shares of the Collecchio company - The dairy sector also shaken by the bacteria found in Fonterra products, supplier of Danone.
For 2013, the French group confirms its targets with a growth of at least 5% in sales and a drop from 0,3 to 0,5% in the operating margin.
For this year, the food company expects "at least 5%" growth in sales, but a further decline of between 0,3 and 0,5 points in operating margin.
The French agro-food group has announced that it plans, by March 2013, a 200 million savings plan to reduce its operating costs and those of its European subsidiaries.
The French agri-food giant continues to grow, despite the recession is holding back sales in Southern Europe: the turnover for the third quarter of 2012 confirmed the growth target of 5%, to 5,257 billion euros.
The agro-food group closed the year with a declining profit, but in line with analysts' expectations - On the other hand, turnover and operating margin are growing, driven by emerging countries, and forecasts for 2012 bring sales…
