Danone (EPA:DANO) kicked off the next phase of its revival plan with strong 2024 results, surpassing analyst expectations for both sales and cash generation. The French consumer goods giant saw higher demand in key segments, offsetting the impact of slowing price hikes.
Key Financial Highlights
? Strong Sales Growth
2024 revenue: €27.376 billion ($28.72 billion), up 4.3% YoY (versus 4.2% expected).
Sustained demand for medical nutrition and baby food in China and growing sales of coffee creamers & high-protein products in North America.
Investors can track Danone’s full financials and profitability trends using the Full Financials API.
? Margin Expansion & Profitability
Recurring operating margin rose to 13% of sales (up from 12.6% in 2023), meeting expectations.
Price increases slowed, but higher sales volumes helped offset cost pressures.
? 2025 Outlook: Sustainable Growth Targets
Danone reaffirmed its mid-term targets (2025-2028):
Like-for-like sales growth: 3-5% per year.
Recurring operating income growing faster than sales.
Analysts can assess Danone’s valuation and performance trends using the Company Rating API.
Danone’s Revival Plan & Market Positioning
? Key Growth Drivers:1?? Expansion in health & medical nutrition aligns with shifting consumer trends.2?? Resilient demand for premium dairy, water, and specialty nutrition.3?? Steady margin growth, despite moderating pricing power.
With a solid financial performance in 2024, Danone is well-positioned to execute its long-term growth strategy, even amid evolving market dynamics.