Danone First-Half Earnings Decline 20% on Milk Cost Surge
date:Jul 28, 2014
nding this years gain to 8.4 percent.

Baby Food

The maker of Actimel yogurt has raised prices to offset an 18 percent increase in milk costs, leading consumers to pare back on dairy purchases. Danone announced plans to cut 325 jobs across Europe last month as it closes factories in the region.

We operate in a global environment that is still subject to risks and upheavals, and it presents us with challenges every day, Riboud said today in a statement. We will stay focused on reaching our 2014
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