date:Oct 21, 2015
full-year target for sales growth of 4-5%.
Infant formula sales rise
The company saw its fresh dairy sales, which includes yoghurt, grow by just 0.6%.
But Danones infant formula sales rose 10.9%.
The company cited growing exports to China, where demand for baby food underpins the worlds highest commodity milk imports.
In China, we are convinced about the growth potential of the infant milk formula category and we keep working to strengthen our business model, Danone said.
Commodity milk d