At FPP we consider the sharing of content and knowledge to be one of our principal responsibilities. We’ve created FPP Checkout to allow us to deliver against this.

The purpose of this platform is to simplify the consumption of content. With so many sources in both the offline and online world, it’s easy to fall behind on essential reading. Checkout finds relevant, up-to-date information and delivers it to you in one easily-accessible environment. What’s more, we also use Checkout to provide FPP category analysis and opinion whenever and wherever relevant.

Checkout is a platform designed with you in mind. And that doesn’t just apply to the content we deliver, but also the way in which we deliver it. We provide information that isn’t just relevant to the industry as a whole, but relevant to you as an individual.

If you click on ‘My Account’, you’ll be able to select the categorical content that is of interest to you. This will allow us to prioritise the content that we know you like.

We use a number of sources for the articles featured on Checkout. Whilst we won’t necessarily cover all of the publications you access, below is a list of the most common to try and give you as much as possible in one place:
The Grocer Talking Retail

My Account

Danone launches full portfolio review to plan for new COVID-world

French dairy giant Danone has this morning announced its intention to conduct a full portfolio review and put assets worth €500m up for immediate sale to tailor its business for a post-coronavirus market.

Danone will conduct a full strategic review of its portfolio of brands, SKUs and assets with the aim of shaping its portfolio to hit its 3-5% growth target.

It will start with a review of assets where performance is falling short of its profitable growth targets.

This includes, as an immediate step, the potential sales of its Argentinian platform and Vega brand, representing together around €500m net sales. It said other assets will be reviewed at a later stage.

The review comes as Danone posted third-quarter net sales of €5.8bn, which were down by 2.5% on a like-for-like basis and by 9.3% on a reported basis.

Danone said recurring operating margin is expected to remain impacted in the second half by COVID-19-related extra-costs and negative mix, but efficiency, cost control and tight cash management actions are in place to target for it to restore guidance of 14% recurring operating margin and the delivery of €1.8bn free cash flow.

Source: https://www.thegrocer.co.uk/finance/city-snapshot-danone-launches-full-portfolio-review-to-plan-for-new-covid-world/649483.article Oct 28 | Competitor News