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Asian sales hike for Danone

Dairygold's infant formula partner, Danone, reported record growth in its baby nutrition sales in Asia during the first three months of 2013.

While sales were reported as lacklustre in Europe, like-for-like sales globally were 17.1pc higher in baby nutrition for the first quarter in 2013.

In late 2010, Danone announced that it would invest €50m in its Macroom infant formula manufacturing plant.

And it trebled the quantity of whey and skim milk powders that Dairygold is contracted to supply the €15bn multinational.

Irish Independent