Danone (DANO.PA, BN FP)
Danone is a product-centric company with market-leading brands. The portfolio is relevant to consumers in both developed and developing economies. It is well aligned with the major lifestyle and consumer trends of nutrition, natural, urbanisation and an emerging middle class in developing economies. Danone holds the number-one position globally in fresh dairy with a 26% share and is the market leader in all of the 38 principal markets where it is present. It also holds the number-two position in infant formula and the number-three position in packaged waters.
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