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Tag "baby nutrition"

Emerging Markets Drive Danone

    Emerging Markets Drive Danone

Strong growth in emerging markets helped Danone to increase like-for-like sales by 7.8% to Eur19.32 billion and improve its trading operating margin by 20 bps to 14.72% in 2011. The organic sales growth reflects a 3.0% increase in sales volume and a 4.8% increase due to price/mix effect. Trading operating income rose 9.2% on a […]

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Danone’s €250 Million Indian Acquisition

    Danone’s €250 Million Indian Acquisition

Danone is acquiring Wockhardt Group’s nutrition business for Eur250m to enter the baby nutrition and medical nutrition markets in India. Danone is purchasing Wockhardt’s nutrition business and brands as well as its related industrial operations from Carol Info Service, based inPunjab, India.
 
The strong brand awareness of Wockhardt’s Dexolac, Farex and Nusobee baby nutrition products and […]

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Strong 2010 Performance by Danone Gives Confidence for 2011

    Strong 2010 Performance by Danone Gives Confidence for 2011

With all of its divisions and regions posting gains, global food and beverages group Danone achieved a 14.2% rise in underlying net income to Eur1.67b on sales ahead by 13.5% to Eur17.01b for 2010. Excluding the impact of changes in exchange rates (+6.0%) and acquisitions, total sales were up 6.9%. This organic growth reflects a […]

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