2.  French food-products multinational
corporation
 world leadership in fresh dairy products

3.  World number 2 of cereals and biscuits
 baby foods, the biscuits
 the United States = Dannon, a subsidiary of
Groupe Danone (The Dannon Company).

4.  bottled water: Volvic, Evian, and Badoit
 56% net sales from dairy
 28% from beverages
 16% from biscuits and cereals

5.  many water brands worldwide
 In Asia, Yili, Aqua (Indonesia) and Robust
 51% holding in China's Wahaha Joint Venture
Company
 total market share of 20%
 the leading vendor of packaged water in Asia

6.  Key figures
2010 2011 change
Sales (€ millions) 8 364 9 728 + 8,70 %
Free cash flow (€ millions) 858 925 + 7,80 %
Trading operating income (€ millions) 1 280 1 396 + 6,90 %
Trading operating margin 15,30 % 14,35 % - 0,95 %
Underlying net income (€ millions) 848 870 + 3,40 %

7. 2010 2011
Fresh Diary Products 13,94 % 12,03 %
Waters 13,70 % 13,85 %
Baby Nutrition 19,19 % 19,82 %
Medical Nutrition 19,90 % 21,41 %
25.00 %
20.00 %
15.00 %
10.00 %
2010
5.00 %
2011
0.00 %
Fresh Diary Waters Baby Nutrition Medical
Products Nutrition

8. 2010 2011
Europe 16,26 % 14,02 %
Asia 19,54 % 20,47 %
Rest of World 11,55 % 11,96 %
25.00 %
20.00 %
15.00 %
2010
10.00 %
2011
5.00 %
0.00 %
Europe Asia Rest of World

9. Thanks for your attention!
 Bahar Cinar