French food group Danone has also warned that the coronavirus crisis is hurting its business. The maker of Evian and Volvic bottled water, and Activia, expects to lose around €100m in sales, mostly at its “Waters China” business. That will wipe out Danone’s revenue growth in the current quarter, leaving like-for-like sales “broadly flat”. This has forced Danone to cut its sales growth targets - to 2-4%, down from 4-5%.
My heart bleeds ... Scotch on the rocks...
Yeah because markets matter more than people’s well-being and health. Gtfo
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