ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BN Danone

58.30
-1.00 (-1.69%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Danone EU:BN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.69% 58.30 58.12 59.60 59.62 57.98 59.46 1,267,351 16:40:00

Danone Backs 2019 Guidance Despite 1st Half Profit Slip

25/07/2019 7:01am

Dow Jones News


Danone (EU:BN)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Danone Charts.
   By Anthony Shevlin 
 

Danone SA (BN.FR) said Thursday that net profit for the first half fell slightly but the company backed its full-year outlook.

The French company said net profit for the period was 1.04 billion euros ($1.16 billion) compared with EUR1.20 billion the year prior.

Sales in the first half rose 1.7% on a like-for-like basis to EUR12.65 billion.

Second-quarter sales were EUR6.50 billion, the company said.

Danone backed its guidance for the year and expects like-for-like sales growth of around 3% and a recurring operating margin above 15%.

Danone Chief Executive Emmanuel Faber said: "We are well on track for our 2020 objectives. With unchanged expectations for the full year, I am confident that the improved fundamentals of our business will continue to drive top-line growth acceleration and margin expansion throughout rest of the year."

 

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

 

(END) Dow Jones Newswires

July 25, 2019 01:46 ET (05:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Danone Chart

1 Year Danone Chart

1 Month Danone Chart

1 Month Danone Chart

Your Recent History

Delayed Upgrade Clock