date:Jul 30, 2013
. We are managing it, Finance Chief Pierre-Andre Terisse told analysts.
Europe Optimism
Danone shares were up 3.1 percent at 59.22 euros, among the top gainers on the CAC-40 index of French blue chips
The stock trades at 17.93 times 12-month forward earnings, broadly in line with Unilever's 17.77 times and above Nestle's 16.97 times.
At Danone's dairy division, which includes brands such as Actimel and Activia and makes up nearly 60 percent of revenue, sales grew 2.6 percent in the second qu