Company: Danone
Business: Sale of fresh dairy products, water, baby and medical nutrition.
Active: This French company are acting globally and are one of the fortune 500 companies.
The reason for this very quick analysis was due to the reports here in Germany that Chinese people are buying all the baby nutrition from the stores and sending it back home to China were it is being sold for 3-4 times the price here in Germany. The reason for this is the discovery of melamine contaminations in the baby food in China. So one of the brands having problem in China is Dumex which is a brand from the French Danone and means current significant sale losses on the Chinese market for Danone. One of the favourite baby nutrition's that are currently being sold like crazy in Germany is Aptamil from Milupa GmbH. The stores have even been forced to limit the packages sold to people to be able to keep some kind of supply on the shelves for the German population.
P/E: 22.3
