date:Apr 17, 2014
rowth from the second half.
Like-for-like group sales grew 2.2 percent year-on-year in the quarter, a slowdown from 2.9 percent growth in the fourth quarter of 2013, Danone said on Wednesday.
The performance was slightly better than the company-compiled average analyst estimates of 2.1 percent growth in group sales and a 9 percent decline in baby food sales.
Total sales, which include the effects of foreign exchange fluctuations, reached 5.06 billion euros ($7 billion), a reported decline of