Danone records sales growth despite European demand deterioration
date:Jul 30, 2012
d Prostokvashino brands are continuing to expand rapidly.

Emerging market growth

The firm has also pushed on with efforts to increase its presence in emerging markets such as China, India and North Africa. Some have labelled this an effort to prop up weak European demand.

In emerging markets, we are continuing to grow at a very brisk pace and are expanding our presence, as we did recently in Morocco and India,the statement added.

Danone entered into an agreement last month, which if complete
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