Danone did less well than its peers (especially Nestle), and a little less well than consensus expected, but not so badly either. However, the lack of improvement in the expected margin remains the main issue for the rest of the year. Overall, sentiment is mixed.
30 Jul 2020
Less bright than its peers
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Less bright than its peers
Danone SA (BN:WBO) | 0 0 2.7% | Mkt Cap: 44,153m
- Published:
30 Jul 2020 -
Author:
Laura Parisot -
Pages:
2
Danone did less well than its peers (especially Nestle), and a little less well than consensus expected, but not so badly either. However, the lack of improvement in the expected margin remains the main issue for the rest of the year. Overall, sentiment is mixed.