Groupe Danone
European stocks jump as German investor sentiment soars
Feb 19, 2013 12:28 EST
European stocks rallied on Tuesday, propelled by news of soaring investor sentiment in eurozone powerhouse Germany.
Danone to cut 900 jobs as profits stagnate
Feb 19, 2013 10:27 EST
French food industry group Danone said it would cut 900 management and administration jobs across Europe as it reported a flat net profit for 2012 of 1.81 billion euros ($2.4 billion).
Danone reports flat profits, cuts 900 jobs
Feb 19, 2013 05:03 EST
French food industry group Danone reported on Tuesday a flat net profit for 2012 of 1.81 billion euros ($2.4 billion) and said it would cut about 900 jobs in management and administration across Europe to reduce costs.
French court upholds Danone staff's complaint on English
Jul 06, 2012 13:33 EDT
A French court ruled Friday in favour of employees of food industry group Danone who sued their employer for imposing an English-language computer programme.
Eurozone crisis sours Danone outlook
Jun 19, 2012 06:55 EDT
French food industry group Danone said Tuesday that the eurozone crisis had led to a drop in consumption in southern European countries and warned its operating margin would be squeezed.
Pfizer 'nears' $9 bn deal with Nestle
Apr 18, 2012 02:37 EDT
US pharmaceutical giant Pfizer is close to reaching a $9 billion deal to sell its infant nutrition business to Nestle, according to the Wall Street Journal.
Danone quarterly sales top 5.1 bn euros
Apr 17, 2012 05:05 EDT
French food group Danone said sales jumped 7.6% to 5.1 bn in the first quarter from a year earlier and it reiterated its full-year targets
Paper giant 'pulping protected Indonesian trees'
Mar 01, 2012 08:21 EST
Environmental group Greenpeace accused one of the world's biggest paper companies Thursday of illegally logging internationally protected trees on Indonesia's lush Sumatra island.
Nestle cautious on 2012 as it seeks new growth
Feb 16, 2012 04:30 EST
VEVEY, Switzerland (Reuters) - Nestle <NESN.VX> echoed the cautious 2012 tone of other global food makers on Thursday and added it was banking on new markets and products to put it ahead of the field after it posted forecast-beating 2011 sales growth.
Australian band in Super Bowl ad furore
Feb 07, 2012 23:57 EST
An Australian band said Wednesday it was "seeking advice" over a commercial played during the Super Bowl at the weekend after angry fans alleged the jingle ripped off one of the group's songs.
Danone, Nestle suspend or close factories in China
Dec 12, 2011 05:06 EST
Global food conglomerates Danone and Nestle said Monday they will suspend or close factories in China, moves analysts said highlighted the tough competition from domestic players.
Danone asks Suntory to buy water operations: report
Oct 21, 2011 03:22 EDT
Danone has approached Japan's Suntory Holdings about potential purchase of the French food giant's mineral water business, which includes Evian and Volvic, a report said Friday.
Nestle cautions on margins as it raises sales goal
Oct 20, 2011 04:41 EDT
PARIS (Reuters) - The world's biggest food group Nestle said weakening consumer sentiment in developed markets would make it harder to improve margins as it raised its sales growth outlook for 2011 after beating forecasts for the first nine months.
Nestle cautions on margins as it raises sales goal
Oct 20, 2011 04:41 EDT
PARIS (Reuters) - The world's biggest food group Nestle said weakening consumer sentiment in developed markets would make it harder to improve margins as it raised its sales growth outlook for 2011 after beating forecasts for the first nine months.
Danone confident on 2012, water still strategic
Oct 18, 2011 06:20 EDT
PARIS (Reuters) - French food group Danone SA <DANO.PA> gave a confident outlook for 2012 and said its water business was "still strategic," playing down a report it was in talks on a disposal.
Paris fashion week strutting under cloudy economy
Sep 27, 2011 13:06 EDT
PARIS (Reuters) - Paris Fashion Week kicked off on Tuesday under a cloud of economic pessimism mixed with uncertainty about the creative direction of some of the world's biggest fashion brands including Dior, Louis Vuitton, Celine and Yves Saint Laurent.
Exclusive: Nestle, Danone early leaders to land $10 billion Wyeth
Aug 18, 2011 10:06 EDT
LONDON (Reuters) - European food groups Nestle <NESN.VX> and Danone <DANO.PA> are the early frontrunners working on bids for Pfizer's <PFE.N> Wyeth baby formula business, worth up to $10 billion, a banking source close to the situation said.
Perfect rumor storm sends SocGen stock plunging
Aug 10, 2011 16:18 EDT
PARIS (Reuters) - Shares of Societe Generale <SOGN.PA> plunged as much as 23 percent amid a whirlwind of rumors questioning its financial solidity, before closing 15 percent lower after the French bank denied all speculation about its health.
Danone snaps up nutrition business of India's Wockhardt
Aug 02, 2011 14:15 EDT
French food conglomerate Danone said Tuesday it had agreed to buy Wockhardt's nutrition business and brands for 250 million euros ($355 million), gaining an entry into India's baby nutrition markets.
Wage protests shut Yunus's Bangladesh factory
Jul 20, 2011 12:28 EDT
A high-profile Bangladeshi garment factory, run as a social enterprise by Nobel winner Muhammad Yunus, has been shut after workers staged violent protests over wages, police said Wednesday.
Facts from the Wikipedia page:
| Type | Public (Euronext: BN, OTCBB: GDNNY) |
|---|---|
| Founded | Barcelona, Spain (1919) |
| Headquarters | Boulevard Haussmann, Paris, France |
| Key people | Franck Riboud (Chairman of the board and CEO), Jacques Vincent (Vice-Chairman and COO) |
| Industry | Food industry |
| Products | Dairy products, water, baby food |
| Revenue | €15.22 billion (2008)[1] |
| Operating income | ▲ €2.270 billion (2008)[1] |
| Profit | ▲ €1.313 billion (2008)[1] |
| Employees | 80,140 (2008)[1] |
| Website | www.danone.com |