Danone First-Half Earnings Decline 20% on Milk Cost Surge
date:Jul 28, 2014
ediction.

The results dont ease the pressure on Chairman Franck Riboud to reorganize and possibly acquire businesses with better growth prospects, said Patrik Lang, an analyst at Julius Baer Group Ltd. Danone has started a strategic review and is asking top managers to seek out areas for potential expansion, the Wall Street Journal reported this week. Chief Financial Officer Pierre-Andre Terisse declined to comment on acquisitions on a call with reporters today.

Danone doesnt have the pricing
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