date:Apr 17, 2013
mpany is under pressure from U.S. activist shareholder Nelson Peltz to improve its performance.
WEAK DAIRY
Danone was cautious about prospects for a recovery in Europe. Terisse said dairy sales in Europe would not improve before the second half when new product launches and price cuts in countries such as Spain would kick in.
He said there were some reassuring signs in southern Europe as dairy volumes in Portugal had returned to growth and market share had stabilized in Spain in terms of valu