Danone Reports Strong Fiscal 2024 Earnings Growth

Danone's fiscal 2024 shows net income rising significantly. Earnings per share and sales growth also reflect positive momentum, with the company maintaining optimistic future guidance.

Date: 26-02-2025

AI Rating: 8

Earnings Growth: Danone reported a net income of 2.02 billion euros for fiscal 2024, up from 881 million euros in the previous year. This marks a substantial increase, indicating strong overall financial performance.

Earnings Per Share (EPS): The earnings per share for Danone was reported at 3.13 euros, a substantial increase from 1.36 euros last year. This impressive growth in EPS is a key indicator of value for shareholders and suggests healthier profit generation.

Recurring Net Income: The recurring net income has also increased to 2.34 billion euros, which is an increase of 2.7%. This stability in recurring income demonstrates that the company's core operations remain solid.

Sales Growth: Fiscal 2024 sales were recorded at 27.38 billion euros, which is a 4.3% increase on a like-for-like basis. Particularly noteworthy is the fourth quarter, where sales increased by 4.7%, highlighting strong demand during that period.

Future Guidance: The company’s guidance for 2025 indicates confidence in continued growth, expecting like-for-like sales growth between 3% and 5%, with recurring operating income projected to grow faster than sales.

Stocks: BN.PA