UBS maintains its buy recommendation on the stock with a target price of €78 ahead of the publication of Q3 results.
The analyst expects comparable growth of +4.5% in the third quarter (compared with +4.3% for value added), driven by Specialized Nutrition, while the Water sector remains affected by bad weather in Mexico.
"We are raising our EPS for fiscal 2025 by +0.4%," UBS said.
Danone has confirmed its 2025 targets. The group is aiming for comparable revenue growth of between +3% and +5% and faster growth in recurring operating profit than in revenue.
Danone is one the world leading food-processing groups. Net sales break down by family of products as follows:
- dairy products and plant products (48.2%; No. 1 worldwide): fresh fermented milk products, creams, products and drinks of plant origin (based in particular on soya, almond, hazelnut, rice, oats and coconut);
- specialized nutrition products (34%): baby foods (No. 2 worldwide; foods for infants and young children in addition to breastfeeding) and medical nutrition products (foods for people suffering from certain pathologies or people weakened by age);
- bottled water (17.8%; No. 2 worldwide): natural water, aromatized water or enriched in vitamins (brands Evian, Volvic, Badoit, Aqua, etc.).
At the end of 2025, the group had more than 180 production sites throughout the world.
Net sales are distributed geographically as follows: Europe (35.8%), North America (23.2%), China/North Asia/Oceania (14.5%), Asia/Middle East/Africa (16.3%) and Latin America (10.2%).
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