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Danone shows earnings increase
By Shaun Weston
11 February 2010
Categories
Business
Dairy
Financial
Food
Highlights
Sales increased 5.5% in Q4 and 3.2% in FY 09
Volume growth of 8.9% in Q4 and 5.2% in FY 09
Trading operating margin improved 61 bps to 15.31% in FY 09
Underlying fully diluted EPS increased 10.2% (excl the impact of the rights issue) to €2.57 in FY 09
Free cash flow from operations increased 20.6% to €1,427m
Proposal to pay a dividend of €1.20 per shareli>Full-year targets aligned with MT outlook and stable Ebit margin expected vs 2009.
Source: Danone
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