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Danone cuts 2013 financial goals as infant formula recall hit Q3 sales
date:Oct 17, 2013
The world's largest yoghurt maker, whose brands include Actimel and Activia, said action to restore sales in affected Asian markets was generating very gradual results and that it did not expect these sales to recover before early 2014.

Danone said growth improved in its core dairy division in the quarter, however, while its water business benefited from a hot summer in Europe.

Danone said third-quarter group sales rose 4.2 percent like-for-like to 5.259 billion euros ($7.1 billion), a slowdow

12/25 05:14