May 29, 2016 8:37 PM ET

Food Products

Company Overview of Danone

Company Overview

Danone operates as a food company worldwide. Its Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and specialized dairy products under the Oikos, Danio, Activia, Danonino, Fruchtswerge, Danoninho, Petit Gervais, Danimals, Serenito, Tëma, Actimel, Danacol, Densia, Danette, Fantasia, Danissimo, YoCrunch, Vitalinea, Light & Fit, Taillefine, and Ser brands. The company’s Waters division offers packaged natural, flavored, and vitamin-enriched water under the evian, Volvic, Badoit, Aqua, Mizone, Bonafont, Villavicencio, Villa del Sur, Fontvella, Lanjarón, and Zywiec Zdroj brands. Its Early Life Nutrition division produces and distributes foods for babies ...

17, Boulevard Haussmann

Paris,  75009

France

Founded in 1899

99,771 Employees

Phone:

33 1 44 35 20 20

Key Executives for Danone

Vice Chairman, Chief Executive Officer and Member of Strategy Committee
Age: 51
Total Annual Compensation: €2.2M
Compensation as of Fiscal Year 2015.

Danone Key Developments

Danone Approves the Appointment of Clara Gaymard as New Member of the Board of Directors

The shareholders' meeting of Danone approved the appointment of Ms. Clara Gaymard as new member of the Board of Directors. The effective date is April 28, 2016.

Danone Announces Dividend, Payable on May 9, 2016

Danone announced that Shareholders' Meeting the members has approved the proposed dividend of EUR 1.60 per share in cash, up +6.7% from 2014. The ex-dividend date (or ex-date) is set on May 5, 2016 and the dividend will be payable on May 9, 2016.

Danone Announces Consolidated Sales Results for the First Quarter of 2016; Provides Sales Guidance for the Full Year of 2016

Danone announced consolidated sales results for the first quarter of 2016. Consolidated sales stood at EUR 5,306 million, up +3.5% like-for-like. Growth reflects a +0.8% rise in volume and a +2.7% rise in value. Reported sales were down -3.0%, including changes in exchange rates (-7.2%) and in the scope of consolidation (+0.7%). The company provided sales guidance for the full year of 2016. For the year, the company expects sales growth within a range of +3% to +5% and solid improvement of trading operating margin.

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