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OFFON
  1. MarketScreener Homepage
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  4. Euronext Paris
  5. Danone
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    BN   FR0000120644

DANONE

(BN)
  Report
Real-time Quote. Real-time Euronext Paris - 04/16 11:39:30 am
59.57 EUR   +0.66%
04/15DANONE  : quaterly sales release
04/07DANONE  : Group of Danone shareholders wants board to clarify strategy at AGM
RE
04/07DANONE  : 2021 Danone Mission Committee Report
PU
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Danone Could Cut Around 1,850 Jobs Globally

04/01/2021 | 08:51am EDT

By Francois Berthon

Danone SA said Thursday that it could be forced to cut approximately 1,850 jobs globally, including 458 in France, as part of its Local First adaptation plan.

The French food company said the number of planned job cuts is "in line with estimates" set out in November 2020, when it said its shift from a category-led to a local organizational model could lead it to cut between 1,500 and 2,000 positions in local and global headquarters.

An initial meeting with French trade union representatives in France took place Wednesday for Danone to outline its Local First plan.

The company also presented a sales-reorganization project specific to France as it aims to "generate growth thanks to better allocation and synergy of cross-category resources," it said in a statement.

This story was translated in whole or in part from a French-language version initially published by L'Agefi-Dow Jones.

Write to Francois Berthon at fberthon@agefi.fr

(MORE TO FOLLOW) Dow Jones Newswires

04-01-21 0850ET

All news about DANONE
04/15DANONE  : quaterly sales release
04/07DANONE  : Group of Danone shareholders wants board to clarify strategy at AGM
RE
04/07DANONE  : 2021 Danone Mission Committee Report
PU
04/07DANONE  : Convening to Combined Shareholders' Meeting of April 29, 2021
PU
04/07DANONE : Convening to Combined Shareholders' Meeting of April 29, 2021
AQ
04/01Danone Could Cut Around 1,850 Jobs Globally
DJ
03/31Global M&A sets first-quarter record as dealmakers shape post-COVID world
RE
03/31DANONE  : Supplement to the preliminary notice of meeting
PU
03/30DANONE  : Kepler Cheuvreux keeps its Buy rating
MD
03/30DANONE  : Goldman Sachs reiterates its Neutral rating
MD
More news
Financials
Sales 2021 23 781 M 28 496 M 28 496 M
Net income 2021 1 854 M 2 221 M 2 221 M
Net Debt 2021 11 620 M 13 923 M 13 923 M
P/E ratio 2021 20,8x
Yield 2021 3,33%
Capitalization 38 708 M 46 368 M 46 381 M
EV / Sales 2021 2,12x
EV / Sales 2022 2,02x
Nbr of Employees 100 383
Free-Float 91,8%
Chart DANONE
Duration : Period :
Danone Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DANONE
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 60,70 €
Last Close Price 59,57 €
Spread / Highest target 17,5%
Spread / Average Target 1,90%
Spread / Lowest Target -24,5%
EPS Revisions
Managers and Directors
NameTitle
Véronique Penchienati-Bosetta Chief Executive Officer
Juergen Esser Chief Financial, Technology & Data Officer
Gilles Schnepp Non-Executive Chairman
Domitille Doat-Le Bigot Chief Digital Officer
Jean-Michel Sévérino Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
DANONE10.81%46 368
NESTLÉ S.A.3.47%329 469
MONDELEZ INTERNATIONAL, INC.0.41%82 493
YIHAI KERRY ARAWANA HOLDINGS CO., LTD-33.35%60 057
THE KRAFT HEINZ COMPANY18.44%50 209
GENERAL MILLS, INC.2.98%36 934