Analysts expect over 2024 revenue decrease Danone, relatively high dividend

Tomorrow the French Danone will publish its past quarters figures. Over the current book year the company from Paris's total revenue could be around 27.24 billion euros (consensus estimates). This is slightly lower than 2023's revenue of 27.62 billion euros.

Historical revenues and results Danone plus estimates 2024

Danone factory Belgium © Danone

The analysts expect for 2024 a net profit of 2.27 billion euros. For this year most of the analysts expect a profit per share of 3.57 euros. Based on this the price/earnings-ratio is 19.57.

Huge dividend Danone

Per share the analysts expect a dividend of 2.13 euros per share. Thus the dividend yield equals 3.05 percent. The average dividend yield of the food producers is an attractive 3.08 percent.

Newest target prices around 71 euros

The most recent recommendations for the food producer are from DZ Bank, JP Morgan and Sanford C. Bernstein & Co.

Danone 's market capitalization is based on the number of outstanding shares around 44.68 billion euros.

Historical stock prices Danone from 2007 till 2024

On Monday the stock closed at 69.86 euros.

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