date:Oct 18, 2012
outlook of 5-6 percent underlying sales growth this year and said it saw input cost pressures easing somewhat.
The confirmed outlook is no surprise. Nestle seems to show ongoing resilience in western Europe, outperforming Danone, Bertschy said.
French food group Danone said on Wednesday growth slowed sharply at its dairy division as recession-pinched shoppers in Italy and Spain switched to cheaper alternatives.