date:Sep 02, 2013
Danone said it expects to meet group sales targets in the third quarter as well as growth and margin forecasts for 2013 despite a product recall in Asia having a significant impact on baby nutrition sales.
Sales of baby food, at 20 percent its No. 2 revenue contributor after dairy, will fall in this quarter, Danone said, after a food scare forced the recall of infant formula products in Asia, where it is trying to offset sluggish demand in Europe.
The world's No. 1 yoghurt maker is expanding i