date:Jul 28, 2014
Danone (BN), the worlds largest yogurt maker, reported a 20 percent decline in first-half earnings and quarterly revenue that missed estimates, adding to pressure on the company to find new avenues for growth.
Trading operating profit fell to 1.18 billion euros ($1.6 billion), the Paris-based company said today, compared with the 1.21 billion-euro average of eight analysts estimates compiled by Bloomberg. Second-quarter like-for-like sales advanced 2.3 percent, missing the median 2.6 percent pr