Danone : Food for kids! Confinement should support stronger-than-expected organic growth Q1 and Q2 forecast at +2.7% and +4.1%
>A stock that should find support in the very short term in the momentum - The prospect of very good organic growth in Q1 and Q2 should sustain momentum. Combined with a 2021e P/E close to 15x, the stock should perform relatively well. However, this renewed growth should only be temporary. In addition, the increased cost of this growth should lead management to postpone the strategic investments announced at the beginning of the year. This should preserve margins in ...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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