date:Mar 10, 2014
anone Spain. The net debt to equity ratio rose to 0.74 times from 0.51 times at the end of 2012, a level however that is no threat to banking covenants.
Whilst dairy and baby foods were seen as the most likely businesses Danone will want to invest any windfall in, it may also boost investment in its thriving water division, which makes flavoured water drinks and contributes 18 percent of group sales. That business grew at an underlying rate of 11.2 percent in 2013, topping the 4.8 percent growt