Consolidated sales stood at €5,464 million, up 0.7%. Fresh Dairy Products €2,741 million up 2.4%.
In Europe, sales continued to be impacted by difficult market conditions and Activia’s performance. As announced in February, there will be new product launches in Activia’s range.
Danone and WhiteWave combine their activities for North America to operate as a Strategic Business Unit, named “DanoneWave”. As previously disclosed, the combination will include Danone Dairy’s and WhiteWave’s current North American businesses under the leadership of Lorna Davis, who has been appointed Chief Executive Officer of the combined entity.