Danone Sets Ambitious Growth Targets in Health and Nutrition Sectors
Source: The DairyNews
Danone, the French multinational food-products corporation known for its brands like Activia yogurt, Evian water, and Aptamil baby food, has announced its financial targets for the next four years, signaling a robust phase in its ongoing revival strategy. As reported by Reuters, Danone aims to achieve a like-for-like net sales growth rate of 3% to 5% annually from 2025 to 2028, with its recurring operating income expected to increase at a faster pace than its net sales.
The company's ambitious plan was outlined ahead of its investor day, where it also expressed intentions to deliver a double-digit Return On Invested Capital (ROIC). This strategic financial goal aligns with its long-term objective of amassing 3 billion euros in free cash flow, building on the 2.6 billion euros recorded last year.
Danone's strategic focus on expanding its presence in the health and medical nutrition sectors underscores its commitment to adapting to changing consumer preferences towards healthier and specialized nutritional options. This move is anticipated to not only bolster Danone's market position but also enhance its financial health in the coming years.
Danone's strategic focus on expanding its presence in the health and medical nutrition sectors underscores its commitment to adapting to changing consumer preferences towards healthier and specialized nutritional options. This move is anticipated to not only bolster Danone's market position but also enhance its financial health in the coming years.
