In-Line 3Q Sales for Danone as Water and EDP Counter Nutrition Slowdown; Margins Remain a Question
Danone reported third-quarter sales with like-for-like sales growth up 3.1% and 1.4% for the first nine months and third quarter, respectively, broadly in line with our estimates. Management reaffirmed fiscal 2018 guidance of double-digit recurring EPS growth at constant exchange rates. Although we maintain our EUR 71 fair value estimate for now, we intend to take a fresh look at our underlying assumptions after the company's investor day, which will take place on Oct. 22.On a more granular vie...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.