Royal Numico, the Dutch nutrition firm set to be acquired by Groupe Danone, confirmed its full-year outlook after posting a 10% rise in quarterly sales.
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Numico, maker of brands including Milupa and Cow & Gate, saw sales climb 10.1% to EUR723m (US$1.1bn) during the third quarter of the year.
The rise in sales led Numico to reaffirm is annual forecast of a 10-12% rise in sales – on an organic basis – during 2007.
Numico saw baby food sales rise 12.2%, as growth in Western Europe – thanks in particular to the UK and Ireland – accelerated.
Revenue from Numico’s clinical nutrition business jumped 14% thanks to growth across “all regions”, the company said.
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By GlobalDataNumico agreed to a EUR12.3bn takeover from Danone back in July. The EU cleared the deal last week after the two companies agreed to sell a raft of businesses.
Danone CEO Franck Riboud has said the deal will create the “most powerful” health food company in the world.
