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Upbeat Danone sees continued volume pressureFRANCE: Danone Q1 volumes disappoint in dairy, infant nutrition

16 April 2014

Danone has seen its share price dip this morning (16 April) after reporting first-quarter organic sales that narrowly missed consensus expectations.

CANADA: Danone launches Greek yoghurt for kids

3 April 2014

Dairy giant Danone has launched a new Greek yoghurt which targets kids in Canada.

just the answer - Strauss Group CFO Shahar Florence

25 March 2014

Israel's Strauss Group is a food and beverage maker with interests in sectors from coffee and chocolate to dairy and dips. Coffee accounts for over half of Strauss's sales but the company has aspirations to grow its food business. Hannah Abdulla met Strauss CFO Shahar Florence to find out more.

Editor's choice: the highlights on just-food last week

24 March 2014

just-food brought you exclusive updates from some of the power players in our industry as the likes of Nestle, Danone and Kerry Foods set out their investment case at the Consumer Analyst Group of Europe conference in London this week. In other news, Sainsbury's booked its first like-for-like sales drop in nine years, General Mills continued to face pressure in the US and we spoke to FrieslandCampina CFO Kees Gielen. Here are the highlights from the past week.

CAGE 2014: Danone leveraging breadth of offering in US yoghurt

21 March 2014

Danone believes it is well positioned in the competitive US yoghurt sector because it is the "only" company capable of meeting its customers' needs across Greek and traditional products, co-chief operating officer Emmanuel Faber has argued.

SWITZERLAND: Nestle "no comment" on Danone medical interest

21 March 2014

Swiss food giant Nestle is one of the four firms interested in purchasing the medical nutrition unit of Danone according to a report published by Les Echos.

CAGE 2014: Danone tackles challenges in Europe, China

21 March 2014

Danone believes it can return its business to "profitable, superior top line growth" in six months time, as benefits feed through from the French dairy group's attempts to tackle the still sticky spots of dairy in Europe and infant nutrition in China.

Comment: Chobani wise to consider stake sale

13 March 2014

Chobani is the leading US manufacturer in the lucrative, high-growth Greek yoghurt sector. But with rising competition from the larger dairy majors - and Chobani's own growth aspirations globally - the company could well be wise to consider ways to secure a cash injection, Katy Askew suggests.

NEW ZEALAND: Fonterra accepts charges related to botulism recall

13 March 2014

Fonterra has accepted four counts of food safety violations related to last year's botched recall of whey powder concentrate.

US: Greek yoghurt heads IRI US new products poll

12 March 2014

Greek yoghurt products from Danone and General Mills were the best-selling new lines in the US food and beverage sectors, according to an annual poll from IRI.

US: Yoghurt maker Chobani "mulls stake sale"

11 March 2014

Privately-owned US yoghurt firm Chobani has reportedly approached trade buyers and private-equity firms over the possible sale of a minority stake in the company.

US: Danone's Stonyfield, Happy Family team up for yoghurt pouch launch

5 March 2014

Danone has brought together two of US businesses, yoghurt firm Stonyfield Organic and baby food specialist Happy Family, to launch a co-branded range of kids yoghurts.

US: Danone targets kids with Greek yoghurt NPD

5 March 2014

Danone has launched a Greek yoghurt product in the US aimed at children.

Editor's choice: the highlights on just-food this week

24 February 2014

This week, the annual CAGNY investment conference took place in the US, with leading FMCG companies discussing their strategy and outlook for their businesses. One of those, PepsiCo, found itself in the spotlight again after activist investor Nelson Peltz called - not for the first time - for the group to split in two. Elsewhere, US beef jerky firm Jack Link's snapped up Unilever's meat snacks arm and Ian McLeod, the MD of Coles, said he would step down after a successful five years at Australia's number two grocer.

Quote, unquote: just-food's week in words

24 February 2014

The Consumer Analyst Group of New York annual conference was held in Florida this week and, as ever, produced some notable comments as the great and the good of the US food sector detailed - and sometimes defended - their strategies. Danone issued its full-year numbers and shed some light on how it plans to mitigate surging dairy prices in 2014. Meanwhile, Wal-Mart - the world's largest retailer - offered a sober assessment on the outlook for consumer sentiment in the coming year. Here is just-food's week in words.

On the money: Danone turns to product mix to offset margin pressure

20 February 2014

Danone plans to improve its sales mix through product innovation to offset margin pressure across its markets in 2014, a year in which it now expects margins will not grow as much as it had expected.

What the analysts say: Danone's 2014 outlook provides some cheer

20 February 2014

Danone booked a drop in 2013 earnings today (20 February) as margins were dented by higher input costs in fresh dairy. However, the group said it is taking action to stabilise margins - prompting analysts to largely conclude that the worst could be over for the French dairy giant.

FRANCE: Danone FY earnings down on margin pressure

20 February 2014

Danone has booked a drop in full-year earnings as profitability came under pressure from higher input costs and the infant formula recall associated with Fonterra's botulism scare.

CANADA: Danone adds Greek line to Activia range

14 February 2014

Danone is adding a Greek-style line to its Activia yoghurt range in Canada.

CHINA: Danone raises stake in Mengniu

12 February 2014

French dairy giant Danone plans to become the second-largest shareholder in China Mengniu Dairy Co., raising its stake from 4% to 9.9% through a rights issue.

Interview: ISM 2014: French baker Jacquet-Brossard sets out international ambitions

7 February 2014

French bakery group Jacquet-Brossard is embarking on a fresh push overseas. It already exports to 35 markets but has goals in place to grow in markets like Brazil, the US and China as it tries to offset challenges at home. Dean Best spoke to Jacquet-Brossard corporate development director Alexandre Poussard to find out more.

just-food's research round-up: targeting ageing consumers, snacks in the US, spotlight on Heinz

7 February 2014

How to develop products for ageing populations in North America and Europe, how to spot NPD opportunities in more indulgent food categories and spotlights on Heinz and Danone are featured in this week's selection of research from the just-food store.

UK: Danone rapped over Aptamil, Pronutra+ advertising

5 February 2014

The UK's advertising watchdog has said a campaign from Danone for its Aptamil with Pronutra+ breached advertising standards because it created confusion "between infant formula and follow-on formula".

UK: Danone UK ad banned over health claims

31 January 2014

A Cow & Gate television advert in the UK has been banned after the country's advertising watchdog alleged the phrasing used by Danone was misleading.

UK: Chobani to take Greek yoghurt case to Supreme Court

30 January 2014

US-based yoghurt firm Chobani has vowed to take its battle over the term 'Greek' yoghurt in the UK to the country's Supreme Court.

just-food's 2014 outlook: M&A activity, valuations on upward journey

30 January 2014

Last year surprised commentators with the relatively subdued levels of M&A in the food sector. While 2013 did include the largest ever food industry deal by value - the move to take Heinz private - the number of transactions completed came in somewhat below the expectations of M&A advisers. 2014, we are told, is likely to be a different story as deals work their way through the sector's pipelines and valuations continue their upward march. Katy Askew reports.

BRICs and beyond: Lactalis enters India's promising - but challenging - dairy sector

27 January 2014

Put next to China, there has been far less investment in India's dairy sector, which is not as developed as in its BRIC counterpart. However, earlier this month, Lactalis, the French dairy group and the third-largest processor worldwide, confirmed months of speculation it would enter India with the acquisition of local group Tirumala Milk Products.

SPAIN: Danone rolls Danio yoghurt into Spain

20 January 2014

Danone has launched its Danio brand of yoghurt into the Spanish market

Comment: E.Coli recall could sour Fonterra's reputation further

15 January 2014

Food recalls are part of the industry in which we operate. Even companies with best-in-class safety and quality standards can, from time to time, be forced to recall product. However, when New Zealand dairy giant Fonterra issued an E.Coli recall earlier this week, echoes of last year's botulism scare jumped to mind. With this fresh recall coming hot on the heels of such as massive blow, Katy Askew suggests Fonterra could find its reputation tarnished further still.

AFRICA: Danone silent over Brookside Dairy acquisition rumours

15 January 2014

Danone has taken a vow of silence over talks it is to acquire a stake in East African dairy company Brookside Dairy.

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