Higher milk prices dampen sales growth at Danone
date:Apr 17, 2014
as aiming for a return to strong, sustainable, profitable growth in the second half.

The world's largest yoghurt maker, whose brands include Actimel and Activia, makes 60 percent of its revenue in dairy, a sector hit by a spike in milk prices.

Danone is also currently trying to rebuild its positions in the high-margin baby food division in China after an infant formula product recall in Asia last year hit sales.

Like-for-like group sales adjusted for currency effects and acquisitions rose 2.2
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