date:Feb 14, 2014
its growth strategy for emerging markets after quarterly sales growth there accelerated to 8.4 percent.
Danone said on Wednesday it was raising its stake in China's top dairy firm to tap into booming local demand. The yogurt maker will post results on Feb. 20.
Sales at Swiss-based Nestle rose to 92.2 billion francs, lagging a forecast of 93.1 billion francs in a Reuters poll of analysts.
Sales growth in emerging markets, which accounted for 44 percent of group sales, stood at 9.3 percent las