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BN — Danone SA News Story

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Brief: Danone CFO: we expect progressive normalisation of infant formula business through the year

April 22 (Reuters) - Danone SA DANO.PA CFO Juergen Esser tells analysts:

CFO: WE EXPECTS PROGRESSIVE NORMALISATION OF INFANT FORMULA BUSINESS THROUGH THE COURSE OF THE YEAR

CFO: INFANT FORMULA CATEGORY HAS BEEN SOFTER DURING RECALLS, SEEN A BIG SHIFT IN SHOPPING TOWARDS PHARMACIES

CFO: IN EUROPE, INFANT FORMULA SUPPLY CHAIN SITUATION PRETTY MUCH BACK TO NORMAL

CFO: AUTHORITIES ACROSS THE GLOBE ARE INCREASING QUALITY CONTROLS FOR INFANT FORMULA IMPORTS, INCLUDING CHINA

CFO: OVERALL CONSUMER SENTIMENT IN EUROPE QUITE MUTED

CFO: CONSUMERS ARE WILLING TO PAY FOR VALUE PRODUCTS

Source text: [ID:]

Further company coverage: DANO.PA

 (Reporting By Dominique Vidalon, Dominique Patton)

 ((dominique.vidalon@thomsonreuters.com;))

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