Danone says China recall weighs on first-quarter sales
Paris (AFP) April 16, 2014 - French dairy food giant Danone reported on Wednesday a slide in first quarter sales as it struggles to turn around its Chinese business amid volatility in currency markets. Total sales in the first three months of the year fell by 5.2 percent from the performance a year earlier to 5.061 billion euros ($7 billion), the company said. The company was hit hard last year but a false health al ... more
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