Danone says European dairy recovery to feed profit momentum
date:Feb 21, 2014
e told a conference call with journalists.

For this year, Danone set a goal of underlying sales growth of 4.5 percent to 5.5 percent. It also said its 2014 operating margin would be stable within a range of 20 basis points lower to 20 basis points higher.

Danone's reporting/guidance was slightly disappointing but it was not a disaster which, after a couple of years of more significant disappointments, is probably good news for Danone, Bernstein analyst Andrew Wood said.

By 1243 GMT Danone sha
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