Danone S.A.

News

• 21.06.2023
  Creditreform Rating has affirmed the unsolicited corporate issuer rating of Danone S.A. at BBB+. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Danone S.A. at BBB+. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings is stable. For more details regarding the ratings, please refer to our press release below.
• 22.12.2022
  Creditreform Rating has affirmed the unsolicited corporate issuer rating of Danone S.A. at BBB+. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Danone S.A. at BBB+. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings is stable. For more details regarding the ratings, please refer to our press release below.
• 05.07.2022
  Creditreform Rating has assigned the unsolicited corporate issuer ratings of BBB+ of Danone S.A. as well as the EUR-denominated long-term senior unsecured issues of the named issuer with the addendum Watch UNW. The debt securities are included in the ECB's list of eligible marketable assets, which is available on the European Central Bank's website. An outlook is not applicable. For further details on the ratings, please refer to the press release below.
• 01.06.2022
  Creditreform Rating has affirmed the unsolicited corporate issuer rating of Danone S.A. at BBB+. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Danone S.A. at BBB+. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings remains stable. For more details regarding the ratings, please refer to our update report below.
• 11.05.2021
  Creditreform Rating confirmed the BBB+ unsolicited corporate issuer rating of Danone S.A. The outlook remains stable. The current rating of BBB+ attests Danone S.A. a highly satisfactory level of creditworthiness, which represents a low to medium default risk. Significant for the confirmation of the rating and outlook are the Company´s strong market position in the relevant markets, its regional and product diversification, as well as the overal result of the financial key figure analysis for the 2020 financial year, which despite the pandemic related decline in sales and earnings remained stable. The Company´s adequate financial position, in conjunction with established access to capital markets, also has a stabilizing effect.
• 12.03.2020
  Creditreform Rating confirmed the BBB+ unsolicited corporate issuer rating of Danone S.A. The outlook remains stable. The current rating of BBB+ attests Danone S.A. a highly satisfactory level of creditworthiness, which represents a low to medium default risk. Relevant rating aspects are the leading market position of the Company as well as its product diversification and global presence. Additionally, the forward-looking strategy and innovative capacity of Danone, particularly in plant-based food and in health products, as well as its solid financial base, have a positive impact on our rating assessment. We also see Danone´s declared commitment to financial discipline and controlled investments as positive. Risk factors comprise fierce competition and significant innovation pressure requiring high investments and intensive R&D, as well as the overall inflationary prices of raw materials. The business development could be impaired by negative exogenous factors (such as adverse effects from the coronavirus) as well as by changes in regulation. Climate-related actions bear intrinsic significant costs, which puts additional pressure on the Company´s financials.
• 05.04.2017
  Creditreform Rating has carried out an unsolicited corporate rating of Danone S.A.