Danone eyes 6% growth in turnover: CEO

08:45, July 28, 2010      

Email | Print | Subscribe | Comments | Forum 

French key food processing company Danone targets to raise its turnover by 6 percent this year, the company's chief executive officer (CEO) said Tuesday.

"Danone will continue to focus on the categories of products and geographies with high potential growth," said Danone CEO Franck Riboud when presenting the first half year results.

"We continue to invest in ...child nutrition in Asia, dairy products in the United States, Brazil and Russia, where the merger Danone Unimilk offers us a very significant growth opportunities in the long term," said Riboud in a statement.

Riboud also targets an increase in operating free cash flow to at least 10 percent and stability of its operating margin in 2010 compared to 2009.

Danone, one of the world's leading food processing firms, saw its net profit jump by 10.1 percent in the first half of this year to 848 million euros (1.10 billion U.S. dollars) driven by high turnover.

【1】 【2】


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Staff members watch a screen showing the blast-off of the Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module at Beijing Aerospace Control Center, Sept. 29, 2011. Commander-in-chief of China's manned space program Chang Wanquan announced Thursday night that the launch of Tiangong-1 space lab module was successful. (Xinhua/Wang Shen)
  • Chinese President Hu Jintao watches the launch of Tiangong-1 space lab module at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Other members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, including Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang and Zhou Yongkang, are also present. (Xinhua/Rao Aimin)
  • The graphics shows the launch procedures of the carrier rocket of Tiangong-1 space lab module, Long March-2FT1 on Sept. 29, 2011. (Xinhua/Lu Zhe)
  • Image taken from Beijing Aerospace Control Center shows a Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module blasting off from the launch pad at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 29, 2011. (Xinhua)
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
Hot Forum Discussion