date:Jul 28, 2012
Sales increased 6% to 10,475 million ($12,947 million) from 9,728 million.
The consumer environment definitely got tougher in Europe, particularly Southern Europe, in the first half of this year, said Franck Riboud, chairman and chief executive officer. At Danone, we moved quickly to manage this situation in line with our strategic priorities: strengthening our brands and pursuing sustainable, profitable growth. Our first-half organic growth in sales stands at nearly 6%, in line with our full-y