date:Jul 30, 2013
arter, an acceleration from 0.7 percent growth in the first quarter.
Danone said that reflected double-digit sales growth in Russia and North America but also early signs of stabilisation in Europe.
The company has been cautious about prospects for a recovery in the region. It said dairy sales in Europe would not improve before the second half, when new product launches and price cuts in countries such as Spain kick in.
Our first goal is to stabilise the business and start growing again. Over