Danone, France's leading food manufacturer, is to double its stake
in China's Bright Dairy and Food to just under 10 per cent, a move
expected to herald a ramping up of Danone's investments in one of
the world's...
Danone, the French dairy conglomerate, announced today that net
profits had plummeted 62 per cent, following the costly €600
million write down of its water-cooler business last month, Tom
Armitage reports.
French dairy giant Danone is poised to benefit from bullish growth
in the Asia-Pacific region. Analysts say that a recent investor
trip by company executives to China confirms its intentions to
expand aggressively in the region, adding...
Hungary's competition watchdog has fined French dairy giant Danone
HUF10 million for manipulating and misleading consumers with its
advert for Danone Activia yoghurt, writes Chris Mercer.
French food group Danone has reported steady if unspectacular
growth for the third quarter of the year, with poor weather in much
of northern Europe impacting sales compared to last year's
heatwave-boosted performance.
Dairy giant Danone posted a sharp increase in like-for-like
revenues for the first quarter of 2004, boosted in particular by
strong sales of 'healthy' dairy products such as its probiotic
range. Like all European dairy companies...
Rumours of a possible sale of the Danone's biscuit business
surfaced again this week after the company unveiled full year
figures pegged back by its weak performance. But the core dairy and
beverage businesses continued to go...
Polish milk processing company Mlekovita witnessed strong growth in
2003. This has secured the company third place in terms of market
position in the country. It is now Poland's third largest milk
producer and the growth has...
Danone has announced plans to increase the production capacity of
two of its Russia-based dairies. The move has been influenced by
the company's increased Russian profits caused by the growth of the
Russian sector which is expanding...
Danone, the French dairy product, bottled water and biscuits group,
may have said that it is not interested in acquiring any assets of
bankrupt Italian group Parmalat, but this does not mean that it is
not on the acquisition trail.
The Advertising Standards Authority (ASA) has received complaints
from members of the public and from the dairy giant Muller about a
Danone yoghurt advert published in a UK magazine. The ASA decided
that the advert used health claims...
Danone's on-off acquisition of Russian dairy market leader
Wimm-Bill-Dann appears to be off again, at least for the time
being. WBD has today announced that talks have been broken off with
the French group, which was negotiating...
There is increasing speculation regarding the future of French
dairy-to-biscuits group Danone, good Q3 results expected next week,
will simply fuel the speculation further.
Danone has recently increased its stakes in both Yakult and
Wimm-Bill-Dann, but claims it currently has no plans for a complete
takeover of either firm.
Russian dairy Wimm-Bill-Dannhas confirmed that a number of its
shareholders have approached French group Danone in a move which
could lead to a takeover of the company.
French yoghurt manufacturer Danone has announced that it has raised
its stake in probiotics maker Yakult to 19 per cent, citing strong
performance of the Japanese company as the reason for its long-term
investment.
Struggling Dutch nutritional supplement company Numico is rumoured
to be the target of a bid by dairy products giant Danone, although
the French company has denied having any interest in the Dutch
firm.
Dutch nutrition company Numico is struggling to stay afloat at the
moment, but rumours in the Dutch press suggest French dairy giant
Danone could be interested in a bid. An odd choice for the French
company which has been streamlining...
Sales at diversified French company Danone dropped by 6 per cent in
2002 reflecting the effect of currency exchange and the company's
ongoing programme of disposal and investments. But underlying sales
growth was good, especially...
French food and drink producer Danone highlights its positive
like-for-like sales growth in the year to date, even though sales
in actual terms were lower than in 2001 as a result of exchange
rate concerns.
Danone might have failed to prevent Leche Pascual calling its
long-life desserts 'yoghurts' but the French group has successfully
prevented the company from registering with the Spanish yoghurt
producers' association...
A spokeswoman for Russian dairy and fruit juice group
Wimm-Bill-Dann reports that France's Danone recently increased its
stake in the company. An indication that WBD's policy of rapid
expansion is the right way to go?
French food giant Danone is believed to be interested in St Ivel,
the yoghurts division of the UK food group Uniq (formerly Unigate),
reports French financial paper Les Echos.
