Danone: Planting Value In A Divided Global Foodscape

  • Danone's strategic shift to health-focused categories and portfolio discipline is driving sustainable growth and improving operating margins. The Renew Danone strategy emphasizes pricing power, geographic focus, and plant-based integration, enhancing resilience and long-term value. Financials show robust like-for-like sales growth, margin expansion, and strong free cash flow, with valuation offering a compelling upside versus peers.