Irish boost as Danone taps China baby foods spurt

By Corinne Gretler and Eamon Quinn

Danone’s yogurt business is finally showing signs of a turnaround, while its baby foods business is tapping huge growth in China.

The Paris-based company’s revenue climbed 5% on a like-for-like basis in the first three months, the fastest first-quarter growth in five years and above analyst expectations.