PARIS – Danone shares fell practically 3% in early commerce after the French meals group mentioned on Sunday that it was suspending investments in Russia, and that considered one of its two factories had closed in Ukraine, following Russia’s invasion of Ukraine. [FWN2V80E2]
Danone, which makes round 6% of its gross sales in Russia and Ukraine mixed, holds a Capital Market Day on March 8 the place new CEO Antoine de Saint-Affrique will element his turnaround technique for the group.
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