You are here

Danone's Q3 revenue rises at weakest pace in more than a decade

BT_20161019_SYDAN19_2553645.jpg
Danone's total sales fell to 5.54 billion euros as volume dropped for the first time in six quarters.

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