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After the publication of only slightly comforting 2020 results and disappointing first trimester turnover figures, Bluebell Capital's activism paid off and Faber was ousted in mid-March 2021. [44] On May 16, 2021, the arrival of Antoine Bernard de Saint-Affrique as the next CEO of Danone was announced, to be effective on September 15. [45]
Danone posted a 9.5% rise in third-quarter like-for-like sales to 7.334 billion euros ($7.35 billion), beating analysts' expectations for a 6.9% rise in a poll compiled by the company.
Shares in Danone rose over 8% on Wednesday, lifted by a media report of merger interest from French dairy rival Lactalis and stronger than expected first-quarter sales, which reassured investors ...
Danone North America is a consumer packaged food and beverage company based in White Plains, New York, U.S, that manufactures, markets, distributes, and sells branded premium dairy products (including yogurt), plant-based foods and beverages, coffee creamers, and organic produce throughout North America and Europe.
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
The big shareholder groups in Danone S.A. (EPA:BN) have power over the company. Insiders often own a large chunk of...
Lactalis is the largest dairy products group in the world, and is the second largest food products group in France, behind Danone. [2] It owns brands such as Parmalat , Président , Siggi's Dairy , Skånemejerier , Rachel's Organic , and Stonyfield Farm .
In 2013, The Abraaj Group and Danone became joint owners of Fan Milk, obtaining a 51% and 49% stake in the company, respectively. [ 7 ] [ 8 ] Danone eventually became a majority shareholder in 2016. On July 30, 2019, Danone acquired Abraaj's remaining 49% shares, increasing its stake to 100% and thus assuming complete ownership of the company.