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Danone says on track despite drop in baby food sales
date:Sep 02, 2013
ut it was too early to detail the cost of the recall procedures and efforts to lift sales, Danone said.

By 1328 GMT, Danone shares were down 1.5 percent, underperforming the European sector.

Natixis analyst Pierre Tegner, who forecasts sales growth of 5.8 percent for the third quarter, said the statement was a warning which challenged the premium the stock has built in recent months.

Danone shares have gained 14.7 percent this year compared with 4 percent for the regional food and beverages s

12/25 21:45