Report
Pierre Tegner

Danone : Results very much in line. Sober and focused message. No announcements on governance. Recap on Local 1st targets and CMD of 25 March

>A publication that maintains a kind of status quo - The 2020 results publication is unlikely to elicit much of a reaction from investors. It is very much in line with expectations on almost all indicators and no announcement is made in terms of governance. Last but not least, management recapped on the changes in governance announced in December, all Local 1st's targets in terms of growth and margins, confirmed the Capital Market Day of 25 March and set out the 2021 ...
Underlying
Danone SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Pierre Tegner

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