)
Company Research2 Apr 2024
The Consumer Goods Sector: Housing the World's Most Known Brands
Explore the giants of the consumer goods sector, where iconic brands familiar in daily life are predominantly owned by a few key industry players.
Danone
Danone (DN) investor relations material
Danone Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary20 Feb, 2026
Executive summary
Achieved 4.5% like-for-like sales growth in FY 2025, with broad-based gains across all regions and categories, driven by positive volume/mix and disciplined execution.
Recurring operating margin improved by 44 basis points to 13.4%, with recurring EPS up 4.6% to €3.80, reflecting strong operational performance despite currency headwinds.
Free cash flow reached €2.8 billion, supporting disciplined capital allocation and shareholder returns.
Recognized for global sustainability leadership, including CDP Triple A and B Corp certification.
Portfolio transformation included increased stake in Australian dairy JV, now consolidated.
Financial highlights
FY 2025 sales: €27,283m, with reported growth stable due to significant negative currency impact; like-for-like sales growth of +4.5%.
Recurring operating income: €3,665m; recurring net income group share: €2,461m; EBITDA: €4,295m.
Free cash flow of €2.8 billion; dividend proposed at €2.25 per share, up 4.7%.
ROIC improved to 10.7%, up 62 bps year-over-year.
Working capital/sales ratio improved to -10.2%, best-in-class efficiency.
Outlook and guidance
2026 guidance: like-for-like sales growth expected between +3% and +5%, with recurring operating income to grow faster than sales.
Q1 2026 expected to see a one-off impact of 0.5%-1% of net sales from infant milk formula recalls, mainly in Europe and Middle East.
Confidence in normalization of supply and brand equity, with no major structural changes expected in regulation.
Future financial impact of infant formula recalls
North America yogurt portfolio turnaround strategy
Rationale for Australian Dairy JV consolidation
IMF recall: Q1 sales impact & brand equity outlook
North America: Volume reacceleration plan for '26
EDP margin: Reinvestment return profile & target
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Danone earnings date
Q1 2026 TU22 Apr, 2026
Danone
Next Danone earnings date
Q1 2026 TU22 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Danone S.A. operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. It offers yogurts primarily under Actimel, Activia, Danonino/Danimals, Danette, Danio and Prostokvashino brands; fresh dairy products primarily under Aptamil, Blédina, Cow & Gate, FortiCal Densia and Milumel brands; bottled water mainly under evian brand; beverages principally under Alpro and Silk brands; baby foods primarily under Gallia brand; and medical nutrition products mainly under Vitalinea brand. The company was formerly known as Groupe Danone and changed its name to Danone S.A. in July 2017.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage