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Higher milk prices dampen sales growth at Danone
date:Apr 17, 2014
, particularly in Russia.

Political unrest in Ukraine also hit revenues, although Ukrainian sales represent only 5 percent of CIS regional sales, Chief Financial Officer Pierre-Andre Terisse said.

Elsewhere in Europe, dairy volumes also fell as Danone passed onto customers rising milk prices in some countries but it still aims to stabilise volumes by year-end, Terisse said.

Overall, dairy volumes were expected to continue falling in the coming months though they could start rising in the thir

12/22 00:22