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Danone raises sales target for first time in four years

Thursday, November 19, 2015 - 05:50
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Danone's fresh-dairy unit has been weighed down by years of rising milk prices and a consumer slump in western Europe.

Zurich

DANONE gave a higher sales goal for the first time in four years as it pledged to boost profitability at its fresh-dairy business, which represents more than half of the French company's revenue.

The company said sales growth should exceed 5 per cent through 2020 on a like-