Danone sees sales growth slightly below target


Yoghurt by French foods group Danone is seen in this photo illustration shot in Strasbourg, April 15, 2015.- REUTERS

PARIS: French food group Danone said it expected its 2016 sales growth to come in slightly below its original targets due to a weaker-than-expected fourth-quarter performance at its European dairy business.

Danone said that nevertheless, thanks to continued work on its cost base, it would beat its 2016 target for recurring operating margin improvement.

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Business , Danone , sales , cost base

   

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