We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Danone’s First Half Financials Are Encouraging

July 28, 2017: 12:00 AM EST
Yogurt producer Danone posted first half financials that beat analyst expectations, despite a slowdown in sales in the second quarter. Operating profit in the first half was $2 billion, up 7.3 percent over the same period a year ago. Sales in the half year totaled $14.3 billion, an increase of 0.4 percent. The company sees growth speeding up in the next half-year for all segments. Improvements are expected in its water business in China, where growth was 0.8 percent in the first half, compared to single-digit growth elsewhere, and double-digit growth for Evian in the U.S.
Andy Coyne , "Danone - analysts largely upbeat following results", just-food.com, July 28, 2017, © just-food.com
Domains
FOOD BUSINESS NEWS
News
Companies
Market News
Operations
Geographies
Worldwide
EMEA
Asia-Pacific
Europe
China
Categories
Companies, Organizations
Danone
Earnings Release
Market News
Developed by Yuri Ingultsov Software Lab.