Danone: underlying net income up 5.4% in 2018
(CercleFinance.com) - Danone has published underlying net income group share that is up 5.
4% at 2.304 million euros for FY 2018, or 3.56 euros per share, with an underlying operating margin that is up 20 basis points at 14.45%.
The agri-food giant's sales reached 24.7 billion euros, up 2.9% in “New Danone comparable data”. Sales rose by 3.6% in value, largely offsetting the 0.7% decline in volumes.
Danone will propose a dividend of 1.94 euro per share for 2018, increasing in line with growth of underlying EPS. For 2019, it aims for sales growth of around 3% on a like-for-like basis and an underlying operating margin of over 15%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
4% at 2.304 million euros for FY 2018, or 3.56 euros per share, with an underlying operating margin that is up 20 basis points at 14.45%.
The agri-food giant's sales reached 24.7 billion euros, up 2.9% in “New Danone comparable data”. Sales rose by 3.6% in value, largely offsetting the 0.7% decline in volumes.
Danone will propose a dividend of 1.94 euro per share for 2018, increasing in line with growth of underlying EPS. For 2019, it aims for sales growth of around 3% on a like-for-like basis and an underlying operating margin of over 15%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.