World, As Seen from the most beautiful islands: Ireland and Cyprus

Bottled water department and the entire US market is under-performing for Danone


Food manufacturer Danone has lowered its sales forecast. The French company is struggling with stiff sales of yogurt in the United States and bottled water in Europe.

Comparable sales grew 3 percent in the past quarter. That was less than what analysts had expected. For the entire year, the French concern now expects 2.5 to 3 percent growth. The turnover target for 2020 remains intact.

The setbacks were mainly due to declining sales of yoghurt products and vegetable alternatives in the US. Danone also suffered from competition in Russia. In Europe, the yoghurt branch was still doing well, but the water sales were disappointing. This was partly because last August was less hot than a year earlier.

Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

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Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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