ENXTPA:BNFood
Danone Recall Tests Infant Formula Resilience And Perceived Valuation Upside
Danone has recalled certain infant formula products, with management flagging an estimated impact on first quarter sales.
The CEO has publicly emphasized product safety and expressed confidence in the regulatory outlook.
Management indicated conditions are normalizing in Europe and the Middle East, while operations in China remain unaffected.
For investors watching ENXTPA:BN, the recall hits a sensitive part of Danone’s portfolio and comes at a time when the share price stands at €72.7...