Food group Danone to step up acquisitions after strong 2024 cash performance By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2025
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Source: Investing.com
Danone's Financial Performance: Danone reported 2024 sales of 27.376 billion euros, slightly exceeding analysts' expectations, with a recurring operating margin increase to 13%. The company plans to utilize its record cash flow of 3 billion euros for acquisitions in health and medical nutrition.
Market Outlook and Strategy: CEO Antoine de Saint-Affrique emphasized the company's resilience and readiness for challenges, while CFO Juergen Esser noted a return to normal inflation levels expected in 2025, driven mainly by milk and packaging costs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
