Healthy Products Drive Domestic Growth For Danone

March 2007 | Company Finance Alert

For French food giant Danone 2006 was a good year, as net income from continuing operations for the full year grew by 15.8% to EUR1.19bn (US$1.56bn) thanks to strong performances across is various sub-sectors, with emerging markets continuing to bolster growth. Full year like-for-like sales were up 9.7% and net income from continuing operations of EUR1,194mn was up 15.8%. Fourth quarter results were particularly strong, recording an 11.5% growth on a like-for-like basis with stronger-than forecast performance of beverage innovation in China, and a good year-end in France driving this growth.

If you would like to subscribe to Western Europe Food and Drink Insight and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Western Europe Food and Drink Insight please click on the trial link below.