Danone : European Commission rules against the “plant based” designation for dairy products
>Decision not exactly favourable to Danone - Reduce rating maintained. The continued de-rating over the last few days follows a loss of investor confidence in the quality of governance (departures of the CFO and Francisco Camacho) combined with an adaptation plan the initial outline of which presented last Monday does not seem to meet investors' expectations to strategically refocus (reduce the number of strategic battles) the group while improving its risk profile (o...Danone is engaged in activities in the global food and beverages industry. Co. operates in four markets: Fresh Dairy Products (Co. produces and sells yogurts, fermented dairy products and other fresh dairy products); Waters (Co. produces and sells natural waters as well as flavored and vitamin-enriched waters products); Early Life Nutrition (Co. produces baby formula, milk-and fruit-based desserts, cereals, small pots of baby food and ready-made baby food); and Medical Nutrition (Co. develops adult and pediatric clinical nutrition products to be taken orally, or through a catheter in the event of malnutrition related to illness or other causes).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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