Danone SA (BN.PA)
- Reuters
Danone expects Olympics sales boost after revamping brands ahead of Games
Olympics sponsor Danone is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in branding, and positioned itself in physical kiosks across Paris, its CEO said. Danone, which makes Activia yoghurt, Evian water and Silk plant-based drinks, first reached out to the International Olympic Committee in mid-2022 to get involved in the 2024 Paris Olympics. The 2024 Olympics is expected to amass more than 1.24 billion euros ($1.35 billion) in sponsorship revenue.
- Globe Newswire
Danone: Information on the total number of voting rights and shares
DANONE French Société anonyme with a capital of €169,888,497,75. Registered Office: 17, boulevard Haussmann, 75009 Paris. Registered with the Paris Commerce and Company Registry under number 552 032 534 Information on the total number of voting rights and shares in compliance with Article L. 233-8 II of the French Commercial Code and with Article 223-16 of the General Regulation of the Financial Markets Authority (AMF- Autorité des Marchés Financiers) DateTotal number of sharesTotal number of vo
- Reuters
Danone steps up health focus to boost growth
PARIS (Reuters) -French food group Danone will step up its focus on health and medical nutrition as it seeks to grow sales and boost cash generation from 2025 to 2028, the company said on Thursday. The maker of Activia yoghurt, Evian water and Aptamil baby food expects to achieve annual like-for-like net sales growth of 3-5% for that period, in line with the target it set for 2024. That should allow Danone to deliver a double-digit return on invested capital (ROIC) and progress towards its long-term free cash flow target of 3 billion euros ($3.2 billion), it said ahead of a presentation to investors in Amsterdam.
