Bottled Water Continues To Stage A Recovery

The 2010 full-year results posted by Danone and Nestlé point to a continuing recovery in the bottled water sector, which has been badly mauled in the previous two years by the economic downturn and worries about the product's ecological impact. For 2010 Nestlé reported like-for-like growth of 4.4% at its water division, thanks largely to a recovery in demand in Europe, driven by the UK. Meanwhile, Danone reported that sales at its water division had rebounded, with growth of 5.3% during the year. The firm attributed the growth to very strong performances in emerging markets, as well as a return

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