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July 25, 2014
08:20 EDTDANOYDanone reports Q2 like-for-like sales up 2.3% to EUR5.41B
Danone reports Q2 consolidated sales declined 5.5% to total EUR5.406B. Excluding the impact of changes in the basis for comparison, which include exchange rates and scope of consolidation, sales were up 2.3%. This organic growth reflects a 3.9% decrease in sales volume and a 6.2% rise in value. First half underlying fully diluted EPS totaled EUR1.16, down 11.1% like-for-like from the first half of 2013. The company said, “The first half of the year was particularly eventful, and had all of our teams 100% mobilized. First, we responded to record milk prices with key initiatives in various fields —pricing, mix, cost-cutting measures—, all designed to rebuild margins that had come under serious pressure in the first quarter. And these efforts paid off."
News For DANOY From The Last 14 Days
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March 17, 2015
06:46 EDTDANOYDanone says doesn't need major acquisition, Reuters reports
Danone doesn't need to make a major acquisition "to be operational," its CEO said at a conference today, according to Reuters. Reference Link
March 16, 2015
07:16 EDTDANOYConsumer Analyst Group of Europe to hold a conference
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