date:Jun 30, 2012
and yoghurt retail sales in the US have continued to trail year-ago numbers. In the European Union (EU), processors have reporteddepressed demand conditions, with the deterioration of the economy beginning to bite.
Earlier this month, French dairy giant Danone issued a profit warning for 2012, reducing its operating margin target to account for the collapse of dairy product consumption in Spain and other Southern European markets.
Against this depressing background, at the least, consumers wi