Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Danone    BN   FR0000120644

DANONE (BN)

Real-time Quote. Real-time Tradegate - 12/09 10:00:35 pm
61.363 EUR   +2.29%
11/16 DANONE : to Sell Robust
11/15 DANONE : Final OK for Broomfield's WhiteWave merger with Danone push..
11/09 2016 9-month turnover
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Kraft discontinues Athenos Greek yogurt

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/12/2012 | 10:31pm CET

Kraft Foods Inc (>> Kraft Foods Inc) is discontinuing its Athenos line of Greek yogurt, the company said on Thursday, exiting the fast-growing U.S. Greek yogurt market.

Kraft Foods Inc (>> Kraft Foods Inc) is discontinuing its Athenos line of Greek yogurt, the company said on Thursday, exiting the fast-growing U.S. Greek yogurt market.

Athenos, which also makes feta cheese, hummus and pita chips, discontinued the yogurt in March.

"Although we had a loyal following of Athenos Greek yogurt fans, we have decided to refocus our efforts on innovating new products for the Athenos brand," a Kraft spokesman said in a statement. "We know that this is very disappointing to consumers, and it was an extremely difficult decision for us to make."

Sales of Greek yogurt, which is thicker and has more protein than other yogurt, have soared in the United States in the last few years. The market is dominated by privately held Agro Farma, whose Chobani brand has about a 60 percent share.

Danone (>> DANONE) is second with 17 percent, followed by Greece-based Fage, and Yoplait owner General Mills (>> General Mills, Inc.).

Kraft Foods is preparing to split into two companies -- one focused on snack brands like Cadbury, Oreo and Ritz and one focused on grocery brands like Oscar Mayer, Maxwell House and Planters.

(Reporting By Martinne Geller in New York;editing by Sofina Mirza-Reid)

Stocks treated in this article : DANONE, General Mills, Inc., Kraft Foods Inc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DANONE
12/07 DANONE : AGA, Dannon Company Recognize Microbiome Leader Dr. Gary Wu
11/16 DANONE : to Sell Robust
11/15 DANONE : Final OK for Broomfield's WhiteWave merger with Danone pushed back to 1..
11/10 DAIRY IN DISTRESS : the milk revolution draining Punjab dry
11/09 2016 9-month turnover
11/02 DANONE : Centrale Danone accompagne 10.000 petits éleveurs
10/31 DANONE : Working Parent Support Coalition Members Report Year One Progress to Su..
10/31 India play hurts multinational firms' global revenues
10/30 STONYFIELD, SNHU EXECS : Politics not in Van Ostern hiring mix
10/27 DANONE : Danone launches a successful $ 5.5 billion bond issue, last step in fi..
More news
Sector news : Food Processing - NEC
04:49p Sumitomo to buy Irish banana company Fyffes for $800 million
12/07DJGENERAL MILLS : Australia Growth Data Threatens Winning Streak
12/06DJJBS : Brazil's JBS Plans U.S. IPO for Foods International Unit
12/06DJCorrection to Trump Warns of Penalties to U.S. Firms Story on Dec. 1
12/05DJGENERAL MILLS : to Cut Up to 600 Jobs Amid Restructuring
More sector news : Food Processing - NEC
News from SeekingAlpha
11/28 5 Dividends That Make The Difference
11/16 BEER AND BEVERAGE : Will The Tie-Up Make Sense?
10/27 GE Blinks
10/25 Which Water Companies Should I Consider Buying
10/05 Free-For-All For Twitter
Advertisement
Financials (€)
Sales 2016 22 137 M
EBIT 2016 3 029 M
Net income 2016 1 837 M
Debt 2016 7 627 M
Yield 2016 2,75%
P/E ratio 2016 20,26
P/E ratio 2017 18,78
EV / Sales 2016 2,12x
EV / Sales 2017 1,97x
Capitalization 39 347 M
More Financials
Chart DANONE
Duration : Period :
Danone Technical Analysis Chart | BN | FR0000120644 | 4-Traders
Full-screen chart
Technical analysis trends DANONE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 70,3 €
Spread / Average Target 17%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Emmanuel Faber Vice Chairman & Chief Executive Officer
Franck Riboud Chairman
Cécile Cabanis Chief Financial Officer
Jean-Philippe Paré Executive Vice President-Research & Development
Bruno Bonnell Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DANONE-5.43%41 764
NESTLE SA-8.58%210 278
KRAFT HEINZ CO13.13%100 194
MONDELEZ INTERNATIONAL..-7.83%63 831
GENERAL MILLS, INC.8.36%36 950
ASSOCIATED BRITISH FOO..-20.32%26 535
More Results