Higher milk prices dampen sales growth at Danone
date:Apr 17, 2014
on.

Danone said on Wednesday that baby food sales fell 7.7 percent in the first quarter, which follows a 6.9 percent decline in the fourth quarter of 2013.

However, this was better than the 9 percent decline feared by analysts, according to a company-compiled survey of market forecasts.

In China and New Zealand sales were now back to 30 percent of their pre-crisis levels and were close to their pre-crisis levels in Hong-Kong and Thailand.

In China Danone had now re-launched the Dumex standar
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