Boston, MA -- (ReleaseWire) -- 01/08/2014 -- Danone Launches EUR1bn Bond To Fund Expansion: France-based food company Danone has issued a EUR1bn (US$1.13bn) eight-year bond to fund its expansion drive. The company stated that funds raised from the bond issuance will be used to finance growth as well as to extend its debt maturity at favourable market conditions. The bond pays a coupon of 2.25% and has been 'widely subscribed by a diversified investor base'
Pernod Ricard's Revenue Declines 9%: France-based spirits company Pernod Ricard's revenue declined 9% year-on-year (y-o-y) to EUR2bn (US$2.75bn) in Q113/14 ended September 30. The company attributed this to unfavourable currency fluctuations and a slowdown in emerging markets, particularly China. The company's organic sales, excluding acquisitions and currency fluctuations, declined 1% y-o-y during the period. The company has lowered its full-year profit forecast to 4-5% in FY13/14, down from 6% growth achieved in FY12/13.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Food research reports at Fast Market Research
You may also be interested in these related reports:
- Colombia Food & Drink Report Q1 2014
- Singapore Food & Drink Report Q1 2014
- United Arab Emirates Food & Drink Report Q1 2014
- Brazil Food & Drink Report Q1 2014
- Chile Food & Drink Report Q1 2014
- United Kingdom Food & Drink Report Q1 2014
- Croatia Food & Drink Report Q1 2014
- Germany Food & Drink Report Q1 2014
- Czech Republic Food & Drink Report Q1 2014
- Australia Food & Drink Report Q1 2014