Danone Groupe: The latest figures, news and market research on Danone Groupe

Turnover: 27.62 billion EUR (2023)

Country: France

Danone is a multinational company founded in Barcelona in 1919 and headquartered in Paris. The company boasts a wide range of food and beverage products, which can be summarized in 3 categories:

Fresh dairy products
Beverages
Cookies and cereals
Baby food

Danone's product portfolio includes several brands, such as Activia, Actimel, Danacol, Alpro, Danette, VitaSnella, HiPro, SuperMario, Mellin, Aptamil, Milupa, Fortifit, Fortimel, Souvenaid, Neocate, Fortini, Infatrini, and many others.

danone is present in Italy with two divisions:

Dairy and Plant Products (EDP): Danone S.p.A. Benefit Company ;
Specialized Nutrition (SN): Danone Nutricia S.p.A. Benefit Company.

News

At the bedside of the sick, Danone invests in protein drinks at Steenvoorde 22/05/2024

The adult medical nutrition market is estimated at several billion euros worldwide.
- Danone is number one in Europe and number two worldwide in the medical nutrition sector.
- Blédina's Steenvoorde plant will manufacture protein-enriched drinks under the Fortimel brand
- The total investment for this project is 70 million euros
- Danone currently operates seven plants worldwide in the medical nutrition sector, including five in Europe.
- Sales of Danone's specialized nutrition division are expected to reach 8.5 billion in 2023
- Danone has invested in Turkey and Poland to increase its production capacity in medical nutrition, and has acquired Functional Formularies in the United States.

Danone bets more than ever on medical nutrition 21/05/2024

Investment of 70 million euros in a new production line dedicated to medical nutrition at the Blédina plant in Steenvorde.
Danone's specialized nutrition division, including medical nutrition, generated sales of 8.3 billion euros in 2023.
Growth of 6.7% for this division in 2023.
Acquisition of Promedica in Poland, specialized in home enteral tube feeding.
Acquisition of US-based Functional Formularies, with sales of around 27 million euros, specializing in biological tube-feeding formulas.
Investment of 100 million euros in a new international R&D center in Saclay, to be inaugurated in February 2023.

Danone opens a second plant for plant-based products in France 12/02/2024

Danone inaugurates a new plant dedicated to the manufacture of dairy alternatives in France
Danone has completely converted its Villecomtal-sur-Arros yogurt plant in the Gers department into a unit dedicated to Alpro-brand plant-based beverages. 43 million euros of investment
Production, mainly of oat juice cartons, is 90% destined for Europe.
Danone now has four milk-alternative production units in Europe. Two in France, at Issenheim and Villecomtal in the Gers region, one in Sweden, at Lunnarp, and the fourth at Wevelgem in Belgium.
Vegetable-based products have become "a strategic focus" for the world's number one in ultra-fresh products.
Danone took the t turn in 2017 with the $12.5 billion acquisition of US group WhiteWave.
In France, ultra-fresh products are deeply rooted in diets.
Plant milk accounts for just 4% of the traditional dairy products market by volume and 7.4% by value.
The plant-based milk market is worth 165 million euros, according to FranceAgriMer.
More than 6 out of ten people in France in the 18-24 age bracket eat plant-based products several times a week, according to lDanone
Many dairy groups, including Triballat, Nestlé and Bel, have chosen to develop plant-based ranges.
Retail chains are present under their own brands (MDD).

Danone finds buyers for its two organic brands in the United States 02/01/2024

Platinum Equity's portfolio of assets totals $47 billion.
The two brands Horizon Organic and Wallaby accounted for around 3% of Danone's sales in 2022, or $800 million.
Dairy products make up a large part of Danone's sales.
Danone has sold various parts of its business in different countries, including yoghurts in China and fresh dairy products in Brazil.
Danone recorded eight quarters of growth thanks to price increases, although volumes remained stable.
Danone succeeded in halting a steady decline in dairy sales that had lasted since 2015.

Danone sells its US organic dairy business to Platinum Equity 02/01/2024

Danone has signed an agreement to sell its US organic dairy business to Platinum Equity.
The sale concerns the Horizon Organic and Wallaby businesses.
By 2022, Horizon Organic and Wallaby represented around 3% of Danone's total sales.

Danone, Antoine de Saint-Affrique's silent revolution 26/09/2023

Investment of 50 million euros in medical nutrition plant in Opole, Poland.
Danone sales of 27.7 billion euros.
Sales growth from 2.5% to 3% on average per year (before Covid) to 7% to 8% by mid-2023.
Groupe Danone employs around 100,000 people.
Disposal of certain non-strategic activities (Vega, Horizon Organic and Wallaby in North America, Aqua d'Or waters in Denmark, etc.).

Danone: Efforts Rewarded 26/07/2023

Danone's net income for the first half of fiscal 2023 jumped 48% to over €1 billion.
In Spain, Danone reduced the number of brands from 13 to 5.
Danone's operations in Russia were expropriated by the Kremlin in July 2023
The group had estimated losses linked to the departure from Russia at 1 billion euros.
15% volume-driven growth for Mizone water in China.
Counter-performance: plant-based products in North America

Danone, collateral victim of Vladimir Putin's new hard line 17/07/2023

Two major European groups, Danone and Carlsberg, were engaged in discussions to sell their Russian operations.
They were surprised by a Russian presidential decree that transferred most of their Russian assets to the state agency, Rosimushestvo
Danone had planned to sell 12 of its dairy and plant-based products plants in Russia, while retaining a plant dedicated to infant nutrition.
President Putin issued decrees earlier that tightened national control over Western assets sold in Russia, including eliminating foreign shareholders from buyers.

Danone: luxury retreat in Russia 14/10/2022

Thirty-year adventure
Danone estimates its depreciation linked to its retirement from Russia at 1 billion euros
Its departure affects 7,000 of its 8,000 employees in the country
5% of its sales are generated in Russia
For the time being, Danone will maintain its infant nutrition activities, many of which are imported.

The reorganization of the Villecomtal plant will focus on dairy production. 20/05/2022

Danone decides to convert its Villecomtal dairy processing site to vegetable beverage production
But this operation leaves 216 farmers without outlets
Danone has agreed to pay compensation
The Ségala-Limargue association will continue to deliver milk to Danone for the Lacapelle-Marival site

Mission-driven companies: the great misunderstanding 30/11/2017

On November 22, 2020, Danone société à mission announced the elimination of 1,500 to 2,000 jobs, including nearly 400 in France
Savings plan representing over one billion euros by 2023
The most substantial downsizing plan in the company's history

Financial Data

DUNS: 552032534

Legal Name: DANONE

Address: 17 BD HAUSSMANN , 75009 PARIS 9

Number of employees: Entre 1 000 et 1 999 salariés (2020)

Capital: 168 959 483 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	635 000 000	622 000 000	593 000 000	666 000 000	609 000 000	648 000 000	534 000 000
Gross margin (€)	700 000 000	674 000 000	647 000 000	711 000 000	668 000 000	-	-
EBITDA (€)	-137 000 000	-130 000 000	-163 000 000	-62 000 000	-173 000 000	-	-
Operating profit (€)	-137 000 000	-130 000 000	-163 000 000	-62 000 000	-173 000 000	-	-
Net profit (€)	3 674 000 000	1 931 000 000	471 000 000	899 000 000	176 000 000	1 347 000 000	2 217 000 000
Turnover growth rate (%)	2,1	4,9	-11	9,4	-6	21,3	-
Ebitda margin rate (%)	-21,6	-20,9	-27,5	-9,3	-28,4	-	-
Operating margin rate (%)	-21,6	-20,9	-27,5	-9,3	-28,4	-	-
Working Capital (turnover days)	-886,9	-3 400,6	-2 422,1	-1 249	-1 235,2	-	-
Working Capital requirements (turnover days)	-	-	203,1	-	-	-	-
Net margin (%)	578,6	310,5	79,4	135	28,9	-	-
Added value / Turnover (%)	100	100	100	100	100	-	-
Wages and social charges (€)	254 000 000	260 000 000	295 000 000	287 000 000	-	-	-
Salaries / Turnover (%)	40	41,8	49,7	43,1	-	-	-

Company Managers:

Position	First Name	Last Name	Age
Président du conseil d'administration	Gilles	Schnepp	66
Directeur général	Antoine	Bernard De Saint Affrique	59
Administrateur	Bettina	Molitor	62
Administrateur	Serpil	Timuray	55
Administrateur	Frédéric	Boutebba	57
Administrateur	Michel Marie	Landel	73
Administrateur	Gilles	Schnepp	66
Administrateur	Valérie	Chapoulaud-Floquet	62
Administrateur	Antoine	Bernard de Saint Affrique	59
Administrateur	Patrice	Louvet	60
Administrateur	Géraldine	Roaux	54
Administrateur	Susan-Barbara	Roberts	67
Administrateur	Gilbert	Ghostine	64
Administrateur	Lise	Kingo	63