, Danone revenue misses estimates as European markets struggle
Danone SA informed on the 17th of October that its third-quarter revenue missed estimates as the group continues struggling in Southern Europe. Declines, which were noted in Spain and Greece, caused the weakest increase in sales of dairy products in three years. Danone SA, the world’s biggest yogurt maker, reported that it sales grew solidly in the third quarter because of its water business and strong growth in Asian market.
