Danone's products remain popular
The food giant's shares were increased by 2 percent, after the company reported on Friday: that the demand for the dairy products of the company has increased, in spite of the crisis.
The third quarter sales of Danone decreased by 1.7 percent compared to the same period of the previous year, primarily due to exchange rate effects. The company's consolidated revenue is 3.78 billion euros, slightly below the the expected 3.82 billion euros of Reuters analysts.
Danone's milk products’ turnover increased by 7 percent during the period. In the second quarter, the turnover was only 2.7 percent. Reuters analysts expected less than 4.6 percent growth – reports napi.hu.
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