Danone Waters will report results for its fiscal third quarter tomorrow (18 October). Here, just-drinks brings you highlights of the company’s news in the three months to the end of September.

  • Danone Waters started the quarter with the sale of its 50% stake in Aquarius, a water company it formed with China’s Bright Food Group. Shanghai Aquarius Online Shopping, a subsidiary of Bright Food Group, purchased the stake for an undisclosed sum.
  • Also in July, Danone told analysts that emerging markets would be its key focus for the remainder of the year. The company’s co-COO, Emmanuel Faber, said that the company had identified six markets to focus on, known as MICRUBS – Mexico, Indonesia, China, Russia, US and Brazil.
  • September saw Danone make a number of senior executive appointments. Francisco Camacho was named executive VP of Danone’s waters division. He replaced Thomas Kunz who was appointed executive VP of the company’s fresh dairy products unit.

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