Danone Overview

27.6BN
sales

+7.0%
LFL sales growth

2.6 BN

Free Cash Flow

12.6%
Recurring Operating Margin

3.54

Recurring EPS

2.10 

Dividend

Figures as of 31/12/2023

Strategy

In March 2022, Danone unveiled its new strategic plan, Renew Danone, with the ambition to reconnect Danone with a sustainable profitable growth model, facilitated by a greater alignment between Purpose and Performance. In June 2024, Danone opened the next chapter of its Renew strategy, built on the fundamentals the company reestablished over the last 2 years: science and innovation, operational and executional discipline, and proactive portfolio management.

Danone at a glance

Filename
Danone IR Corporate presentation 2024.pdf
Size
3 MB
Format
application/pdf

Governance

The year 2023 marked the completion of the renewal of the Board of Directors, which began in 2021. The Board now constitutes 89% independent Directors, including recognized experts in the consumer goods market who have held positions of the highest responsibility within major international groups. The diversity and complementarity of Directors’ experiences and expertise give them a detailed and in-depth understanding of Danone’s challenges.

Sustainability

Danone is committed to the sustainable shared value creation model that has driven its vision of business since it established its dual economic and social project for the first time in 1972. Building on this heritage, Danone defined more than 15 years ago its mission as a Group: bringing health through food to as many people as possible.

In March 2022, Danone unveiled a new strategic plan, Renew Danone, that ambitions to reconnect Danone with a sustainably profitable growth model, underpinned by greater alignment between purpose and performance. In that context, in February 2023, the Group reframed its sustainability roadmap called the Danone Impact Journey, articulated around 3 pillars: Health, Nature and People & Communities. For each pillar, the Group defines a set of priorities which are translated into mid to long-term objectives.

AAA*
Awarded by CDP for the 5th year in a row

83%**
Sales covered by B corptm certification

89%**
Sales in volumes rated ≥ 3.5 stars by the health star rating system

*Scores obtained in 2024 as part of the CDP Climate Change, CDP Water Security and CDP Forests questionnaires.

**As of 31/12/2023.

Ownership

Figures as of 31/12/2023

Dividend

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