Foreign Exchange News Results

  • Danone 3Q Sales Boosted By Exchange Rate Impact -- Currency Comment

    Danone SA's (GPDNF) third-quarter sales were boosted by the appreciation of the Chinese renminbi, the Mexican peso and the British pound against the euro, while the U.S. dollar and other emerging currencies remained stable. The French food company said quarterly sales of 6.16 billion euros benefited from the positive impact of an exchange rate of 0.8%. Sales were up 3.8% organically on year, driven by 4.6% in value and 0.8% in volume.

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