Danone is cautious with Brazil

Main concern, which extends to other emerging, is that economic scenario has led to the fall in consumption
Danone predicted new sales and profit improvement this year, but warned that economic conditions remain volatile and uncertain in emerging markets such as Brazil, China and Russia.
The company reported spending cut and still an improvement of dairy business in Europe and food for babies in Asia will help to increase its operating margin this year. In addition, company expects periodic sales advance between 3% and 5% this year. In 2015, they advanced from 4.4% to € 22.41 billion.
According to the company, economic conditions remain volatile and unreliable in General, with fragile trends or even deflationary for consumption in Europe, emerging markets affected by volatile currencies, and difficulties in specific markets – particularly Brazil, China and Russia.