Lates News

Danone company estimated for the first time the potential losses caused by the recall of infant formula milk due to pollution fears, stating that it expects to suffer economic losses of 35 to 70 million euros (82.4 million US dollars) in the first quarter of this year. "After experiencing that one-off impact, we should gradually return to normal," said Deputy CEO Juergen Esser in an interview. "Therefore, we are very confident in confirming our full-year performance expectations this morning."