DANOY Stock Recent News

MORTON GROVE, Ill. , Sept. 24, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, confirmed that it has received an unsolicited, non-binding proposal from Danone North America PBC ("Danone") to acquire all outstanding shares of common stock of Lifeway it does not already own for $25.00 per share in cash.

Press Release – Paris, September 5, 2024 Danone successfully issues a €700 million bond Danone announces that it has issued today a €700 million bond with a 7-year maturity and a 3.20% coupon. In line with the company's active liquidity management, this issue enables Danone to enhance its funding flexibility while extending the maturity of its debt.

Here is how Danone (DANOY) and Symrise AG Unsponsored ADR (SYIEY) have performed compared to their sector so far this year.

How does a benchmark consumer staples giant like Nestle S.A. (OTC:NSRGF, VTX:NESN) reset the agenda and return to growth after a period of losing market share to global competitors like Unilever and Danone (OTCQX:DANOY)?

Press Release – Paris, July 31, 2024 Notification of availability of Danone's 2024 interim financial report Danone today announces that its interim financial report for the six-month period ended June 30, 2024 is publicly available and accessible online (link). About Danone ( www.danone.com ) Danone is a leading global food and beverage company operating in three health-focused, fast-growing and on-trend Categories: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition.

2024 Half-Year Results Press release – Paris, July 31, 2024 Strong half-year results Delivering broad-based quality growth Net sales reached €13,757m in H1 2024, up +4.0% on a like-for-like (LFL) basis; volume/mix up +2.1%, positive in each category Q2 strong volume/mix (+2.9%) leading to +4.0% like-for-like sales growth Recurring operating margin up +45 bps at 12.69% driven by strong improvement in margin from operations Recurring EPS up +2.6% at €1.80 Free-cash-flow up +11% at €1.2 bn 2024 guidance confirmed: like-for-like sales growth expected between +3% and +5%, with moderate improvement in recurring operating margin   2024 Half-Year Key Figures   in millions of euros except if stated otherwise H1 2023 H1 2024 Reported Change Like-for-like Change (LFL) Sales 14,167 13,757 -2.9% +4.0% Recurring operating income 1,734 1,746 +0.7%   Recurring operating margin 12.24% 12.69% +45 bps   Non-recurring operating income and expenses (53) 69 +122   Operating income 1,681 1,814

Danone is undergoing a transformation with positive results, showing potential for a 13-16% annualized RoR. Danone remains an underperforming stock with a 2x variance compared to the market. Despite challenges, Danone is viewed as attractive with a 3.5%+ yield from dairy operations.

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Danone S.A. - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides insight into Danone's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts. Danone SA (Danone) is a manufacturer of dairy and nutritional products. Its portfolio includes yogurt, fermented dairy products, dairy specialties, plant-based nutritional cooking products and beverages, and specialized food for babies and elderly people. Danone also offers packaged water, and flavored and vitamin-enriched water.

Lifeway Foods sells kefir, a trending milk-based drink with beneficial properties for intestinal health, with potential for international growth. Lifeway's growth trend is driven by health consciousness, offering a variety of fermented dairy products appealing to health enthusiasts and showing higher growth than competitors. Danone's ownership of 24% of Lifeway creates a symbiotic relationship, with potential for an acquisition.

Press Release – Paris, June 20, 2024 Danone opens the next chapter of its Renew strategy Projecting the company into the future of Health and Nutrition Today, Danone is hosting a Capital Market Event where the company will share its mid-term strategy and value creation journey for the 2025-2028 period. Danone's next chapter will build on the fundamentals the company reestablished over the last 2 years: science and innovation, operational and executional discipline, and proactive portfolio management.