Universal Registration Document 2022
TL;DR
Self-similar 'Local First' structure mirrors fractal geometry: same organizational pattern from HQ to regional to local teams.
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Primary source for Danone case study data including revenue breakdown by category, brand portfolio, and organizational structure.
Key Findings from S.A. (2022)
- €27.7 billion sales in 2022 with ~100,000 employees
- Essential Dairy & Plant-Based: 51.9% of net sales (#1 worldwide)
- Specialized Nutrition: 30.8% of net sales (#1 baby foods, #2 medical in Europe)
- Waters: 17.3% of net sales (#2 worldwide - Evian, Volvic, Badoit)
- Products sold in 120+ markets globally
- 'Renew Danone' strategy implemented Local First organizational model in 2022