Danone tries to revitalise European business

The French food giant has seen sales suffer in southern Europe and is cutting costs to "win back its edge" in the market.

FRANCE: Danone to cut costs to revitalise European business

13 December 2012

Danone is to cut EUR200m in costs from its European operations in a bid to "win back its competitive edge" in the region after falling sales.

On the money: Danone predicts continued weakness in Europe

17 October 2012

French food giant Danone said it expects the same weaknesses it has seen in its European dairy division this quarter to continue through into the fourth.

FRANCE: Danone shares slide on weak Europe dairy sales

17 October 2012

Danone's share price slid this morning (17 October) as third-quarter sales fell short of market expectations, with declining revenue in Spain and Italy weighing on group revenues.