France's Danone SA (BN.FR) on Thursday reported a rise in profit for the first half, as strong revenue growth in baby food and medical nutrition offset weakness in its core dairy activities, which include the U.S. WhiteWave business it bought last year.

Revenue for the first half rose 9.7% to EUR12.13 billion as the company received a bump from consolidating the operations of WhiteWave, the U.S. organic foods producer that it acquired for $10.4 billion earlier this year. On a like-for-like basis, revenue growth was only 0.4%.

("Danone Profit Up as Baby Foods, Medical Nutrition Post Strong Growth," at 06:23 GMT, misstated the earnings period in the first and third paragraphs.)

 

(END) Dow Jones Newswires

July 27, 2017 04:04 ET (08:04 GMT)

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