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Tag "Franck Riboud"

Emerging Markets Drive Danone

    Emerging Markets Drive Danone

Strong growth in emerging markets helped Danone to increase like-for-like sales by 7.8% to Eur19.32 billion and improve its trading operating margin by 20 bps to 14.72% in 2011. The organic sales growth reflects a 3.0% increase in sales volume and a 4.8% increase due to price/mix effect. Trading operating income rose 9.2% on a […]

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Danone’s €250 Million Indian Acquisition

    Danone’s €250 Million Indian Acquisition

Danone is acquiring Wockhardt Group’s nutrition business for Eur250m to enter the baby nutrition and medical nutrition markets in India. Danone is purchasing Wockhardt’s nutrition business and brands as well as its related industrial operations from Carol Info Service, based inPunjab, India.
 
The strong brand awareness of Wockhardt’s Dexolac, Farex and Nusobee baby nutrition products and […]

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Strong First Half Sales Growth at Danone

    Strong First Half Sales Growth at Danone

Reflecting solid performances across all its business categories and geographical regions, Danone increased consolidated sales by16.3% to Eur9.73b in the first half of 2011 and trading operating income by 6.9% on a like-for-like basis to Eur1.39b. Danone has confirmed its full year targets for 2011.
 
Excluding the impact of changes in exchange rates and the integration […]

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Strong 2010 Performance by Danone Gives Confidence for 2011

    Strong 2010 Performance by Danone Gives Confidence for 2011

With all of its divisions and regions posting gains, global food and beverages group Danone achieved a 14.2% rise in underlying net income to Eur1.67b on sales ahead by 13.5% to Eur17.01b for 2010. Excluding the impact of changes in exchange rates (+6.0%) and acquisitions, total sales were up 6.9%. This organic growth reflects a […]

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Steady Volume and Sales Growth at Danone

    Steady Volume and Sales Growth at Danone

French food and beverage giant Danone has reported an 11.2% increase in consolidated sales to Eur8.35b in the first half of 2010 and a 7% rise on a like-for-like basis. The like-for-like sales growth was driven by a 9.8% jump in volume and a 2.8% decline in value. Trading operating income increased by 2% on […]

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Danone and Unimilk to Create Leading Dairy Business in Russia and the CIS

Global food giant Danone is to merge its fresh dairy products business in the CIS area with Unimilk, Russia’s second largest manufacturer of dairy products and baby food. Established in 2002, Unimilk operates 28 production plants in Russia, Ukraine and Belarus and has 14,000 employees. Unimilk’s sales in 2009 amounted to Eur1b (up 7% on […]

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