Tuesday, April 24, 2007

UPDATE 1-Danone Q1 sales rise, affirms 2007 forecasts

(Reuters) - "I don't have anything new to say ... The process will take time," Chief Financial Officer Antoine Giscard d'Estaing said when asked about the disputes with Chinese partner Zong Qinghou and India's Britannia Industries .

Danone said sales in the three months to March 31 reached 3.673 billion euros , a like-for-like increase of 10.1 percent. The average forecast of 11 analysts polled by Reuters for sales was 3.706 billion euros, 9.2 percent like-for-like growth.


Read more at Reuters.com Market News

No comments: