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Danone records sales growth despite European demand deterioration
date:Jul 30, 2012
ket (1.762bn) increased by 18.2% compared with H1 2011. While sales from the rest of the world hit 3.165bn for the first half of the year - an 11.7% increase

Tough consumer environment

The consumer environment definitely got tougher in Europe, particularly Southern Europe in the first half of this year,said the firms H1 results statement.

Last month, the firm issued a profit warning for 2012 reducing its operating margin target to account for the collapse of dairy consumption in Spain and ot

12/22 05:12