Danone North America News & Media

Russia seizes Danone unit and Carlsberg brewery

July 17, 2023

Russia has seized control of Danone's Russian operating unit as well as Baltika, a Carlsberg owned brewery, according to a Seeking Alpha report.

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Danone lifts Q1 2023 sales on price hikes, raises guidance

April 26, 2023

Danone SA lifted its Q1 2023 sales boosted by price increases and raised its 2023 guidance, according to an earnings report. Highlights include:

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Danone to build $65M Florida facility for coffees, creamers

February 28, 2023

Danone North America will invest up to $65 million over the next two years to create a new bottle production line in Jacksonville, Florida, according to a…

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Danone lifts Q4, FY 2022 sales boosted by price hikes, FY earnings fall

February 22, 2023

Sales for Danone S.A. in Q4 2022 topped estimates boosted by higher prices, and the company plans to lift prices again this year, if necessary, according to a…

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Danone considers divesting Horizon Organic, Wallaby brands

January 27, 2023

Danone is considering selling its Horizon Organic and Wallaby businesses in the U.S. as part of its portfolio review announced in March 2022, according to a…

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Danone announces leadership changes

January 20, 2023

Danone has announced several leadership changes, according to a press release.

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Advocates sue Danone over plastic use

January 9, 2023

Environmental organizations have sued Danone over its plastic use, accusing it of failing to account sufficiently for the plastic used along its production…

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Danone lifts Q3 2022 sales, beats analyst expectations

October 28, 2022

Danone S.A., a Paris-based multinational, lifted its Q3 2022 sales over the prior year period, boosted by pricing and currency exchange impact, according to a…

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Danone lifts HY 2022 sales, earnings dip

July 29, 2022

Danone raised its 2022 outlook after reporting a sales boost for the year's first half, according to an earnings report. Highlights include:

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Danone lifts Q1 2022 sales

April 22, 2022

Danone reported strong Q1 2022 sales on pricing and volume/mix gains over Q1 2021, according to a press release. Highlights include:

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Danone improves Q3 2021 sales, plans to sell Denmark water business

November 19, 2021

Danone improved its sales in Q3 2021 over the prior year, according to an earnings release.

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Danone acquires organic coconut manufacturer

July 1, 2021

Danone Manifesto Ventures, Danone's corporate venture arm, has acquired a majority stake in Harmless Harvest, a provider of organic coconut-based products…

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Danone to divest Vega nutritional brand

June 18, 2021

Danone has agreed to sell Vega, the Canada and U.S. plant-based nutritional products brand, to funds managed by WM Partners, a U.S.-based private equity…

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Danone to sell $2B stake in Chinese dairy company

May 14, 2021

Danone, a Paris based global provider of dairy and plant-based products, waters and nutrition, has agreed to sell its 9.8% stake in China Mengniu Dairy Co.

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Emmanuel Faber steps down as Danone CEO and chairman

March 16, 2021

Emmanuel Faber Emmanuel Faber will step down as chairman and CEO of Danone, effective immediately, according to a press release. Gilles Schnepp, an…

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Danone to acquire US plant-based foods company Earth Island

February 19, 2021

Danone has agreed to buy Earth Island, a U.S. plant-based foods provider, in an effort to boost plant based sales from €2 billion ($2.43 billion) to €5 billion…

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Danone 2020 sales fall, earnings rise

February 19, 2021

Danone S.A. reported a 9.8% decline in sales on a reported basis from €6.24 billion ($7.57 billion) for the 2019 fourth quarter to €5.62 billion ($6.8…

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Danone reorganization to cut 1,500-2,000 positions

November 23, 2020

Danone plans to reorganize under a "local first" plan that will enable value creating in a COVID world, according to a press release. The reorganization is…

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Danone reports first quarter sales gain, withdraws 2020 guidance due to coronavirus pandemic

April 22, 2020

Danone reported a 3.7% increase in the first quarter with consolidated sales at €6.2 billion ($6.722 billion), with 2.9% growth in volume and 0.8% growth in…

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Danone expects $110 million hit from coronavirus

March 2, 2020

Danone announced it expects to take a hit equal to 100 million euros or $110.575 million, in first-quarter sales, due to the coronavirus outbreak, according to…

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