Latest Insights

Investor interest in sustainability growing but still way to go 14 Jul 2017

There are increasing signs more investors are becoming interested in the corporate sustainability practices of food companies, with some introducing the issue into the factors they weigh when deciding where to put their cash. However, as interest in corporate sustainability varies by company, so it does in the investment community, with some in the financial sphere seemingly little interested, proving the CEO advocates in the sector still have some convincing to do.

How Danone's "manifesto" is shaping its corporate activity - just-food interview, part two 6 Jul 2017

Danone has, in recent years, underwhelmed parts of the investment community, with complaints about its margins or the performance of its fresh dairy business. Broadly, sentiment among analysts at least has improved in recent quarters, although there remain whispers Danone could be the next target of activist investors. Nevertheless, Danone’s recent corporate moves have highlighted the company’s interest in areas of health and sustainability. Dean Best spoke to Danone CEO Emmanuel Faber to find out more.

Danone CEO Emmanuel Faber on why industry "mindset" on health and sustainability needs to change - just-food interview, part one 6 Jul 2017

Danone has declared an "Alimentation Revolution". The France-based food and beverage giant has urged the industry to join a "movement" that aims to "nurture the adoption of healthier and more sustainable eating and drinking habits". Emmanuel Faber, Danone’s CEO, made the call at the Consumer Goods Forum in Berlin, an annual event where the sector’s leading lights to discuss strategy and outline their vision for the industry. Dean Best caught up with Faber after his speech to find out more about Danone’s "manifesto", how it is defining the company’s actions and why the industry should join them.

Danone on "low start", fresh dairy challenges, new organisational structure - four things to learn from Q1 update 25 Apr 2017

Danone's first-quarter update hit its shares - and it is likely the fall in its stock price was only part due to the numbers. The French yogurt maker reported meagre like-for-like sales growth as its challenges in fresh dairy continued. The company upped its forecast for its annual underlying earnings but still its shares declined, with some analysts frustrated at the way Danone plans to report on its new asset, WhiteWave Foods.

Danone looks for "strong, profitable" growth - 8 things to learn from CAGNY 2017  24 Feb 2017

Danone focused much of its presentation at this week's Consumer Analyst Group of New York conference on its plans for the US. The French group generates around 13% of its sales in North America and believes there is ample room to grow. Danone also touched on its goals for 2020 and its cost-cutting drive and last week's move to "decouple" the group's aims to improve efficiency and increase sales. Here are the eight key takeaways from the event. 

Latest News

Doux plans strategy "transformation" amid losses 14 Sep 2017

French poultry group Doux has unveiled plans aimed at transforming its business strategy amid "increased economic difficulties," largely the result of fierce competition.

Savencia H1 sales rise but warns of "unfavourable" prospects 8 Sep 2017

France's Savencia Fromage & Dairy saw first-half sales rise more than 12% but warned of "unfavourable prospects'' for the final six months of the fiscal year.

Fleury Michon reviews structure, NPD to revive profits 4 Sep 2017

Fleury Michon, the French cooked meats-to-ready meals group, has reviewed its business structure and how it develops new products in a bid to boost its profits, which fell again in the first half of 2017.

Fleury Michon H1 profits slide 4 Sep 2017

French food group Fleury Michon posted a decline in first-half earnings amid rising raw material costs and intensifying market competition.

Fipronil - France updates product withdrawal list 21 Aug 2017

The French authorities have updated their list of withdrawn products following the fipronil food scare.

France-based biscuit maker Galapagos takes stake in Cookie Creations 17 Aug 2017

France-based food group Galapagos has expanded its portfolio of sweet snacks with the acquisition of a 42.5% stake in fresh and frozen cookie and brownie producer Cookie Créations.

US activist investor Corvex 'buys stake in Danone' 15 Aug 2017

US-based fund Corvex Management has reportedly emerged as a shareholder in Danone, with the activist investor said to believe the Activia and Alpro maker is undervalued.

Heritage Foods, Andros' Novandie to set up dairy plant 11 Aug 2017

Indian group Heritage Foods is to set up a dairy products plant in a venture with Novandie, a subsidiary of French food giant Andros.

Fipronil egg scandal takes in UK, France 8 Aug 2017

Eggs contaminated with the insecticide fipronil reached the UK and France, two more countries that have been touched by a scandal that has shaken the sector in western Europe.

Bonduelle annual turnover surpasses EUR2bn for first time 3 Aug 2017

Bonduelle Group, a French processed vegetable company, has reported annual turnover of more than EUR2bn (US$2.4bn) for the first time, partly reflected by the recent acquisition of Ready Pac Foods.

Latest blogs

Another new member for Faber's top team at Danone 14 Apr 2016

Danone has appointed a new executive to lead its early life nutrition business, which features brands including Aptamil and Nutrilon.

Lactalis's emerging markets push continues 29 Mar 2016

The French giant - the world's number two dairy group by sales - has struck another deal in a promising emerging market for dairy.

France acts on food waste 26 May 2015

French politicians have passed legislation that bans large stores from throwing away unsold food in a bid to tackle waste.