Stock Analysis
Danone (EPA:BN) First Half 2024 Results
Key Financial Results
- Revenue: €13.8b (down 2.9% from 1H 2023).
- Net income: €1.22b (up 12% from 1H 2023).
- Profit margin: 8.8% (up from 7.7% in 1H 2023).
- EPS: €1.89 (up from €1.70 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Danone EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%.
Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Food industry in France.
Performance of the French Food industry.
The company's shares are up 2.4% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Danone that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About ENXTPA:BN
Danone
Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.
