date:Feb 21, 2014
rope, Danone has been expanding in emerging markets, notably in China, where previous food-safety scares have boosted demand for foreign baby milk formula. China now accounts for 20 percent of its baby food sales, making it the No. 2 contributor after dairy.
Our priorities for 2014 are to continue the recovery in Europe, aiming to stabilise the top line of dairy products in Europe, expand in emerging markets and rebuild positions in baby food in Asia, Chief Financial Officer Pierre-Andre Teriss