Shares in Danone (BN.FR) fell sharply Friday after the food company adjusted its guidance to lower sales growth expectations. The French food company said it was adjusting its guidance to lower expectations for its like-for-like sales growth in 2019.
Danone’s sales is 6.42 billion euros ($7.13 billion), up from EUR6.19 billion the year previous and better than analysts’ consensus expectations of EUR6.37 billion. Danone main lowers its outlook on weakness in U.S. Yogurt and bottled water.
Danone (BN.FR) is a member of the Euro dividend aristocrats list, current dividend is 1.94 (2.45%) trading on Friday at a stock price of €72.88 down -7.25%.
Below an overview of the Danone dividend history.