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Danone's Q3 revenue rises at weakest pace in more than a decade
Published Tue, Oct 18, 2016 · 09:50 PM
Zurich
DANONE, the world's biggest yogurt maker, reported the slowest third-quarter sales growth in more than a decade, missing analysts' estimates, amid a slowdown in baby food, traditionally one of the company's fastest-growing businesses.
Revenue increased 2.1 per cent on a like-for-like basis, the Paris-based company said in a statement on Tuesday. Analysts had expected growth of 2.4 per cent.
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