date:Apr 17, 2013
The world's largest yoghurt maker, with brands such as Actimel and Activia, is the most exposed among big food groups to the euro zone crisis. The jump in Danone's baby food sales in Asia provides more evidence of how emerging markets are helping big food firms to offset a consumer spending squeeze in Europe.
Danone, which competes with Nestle (NESN.VX) and Unilever (ULVR.L) (UNc.AS), achieved like-for-like sales growth of 5.6 percent in the quarter, beating a forecast of 4.2 percent based on a