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Higher milk prices dampen sales growth at Danone
date:Apr 17, 2014
French food group Danone reported a slowdown in first-quarter sales growth on Wednesday, as sales volumes at its core dairy division were hit by the company passing on higher milk prices and sales in the baby food business also fell, though less sharply than feared.

However, the group maintained its forecasts of like-for-like sales growth this year of 4.5-5.5 percent and an operating margin changing by no more than 0.2 percentage points either way, from 13.19 percent of sales last year, as it w

12/21 20:48