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Groupe Danone Strengthens Management Structure in Asia-Pacific

Source: Groupe Danone
22/04/2005

22 April 2005 - Asia-Pacific is Groupe DANONE's most dynamic market with sales of ?2billion (over 15% of the Group total) and annual growth averaging 10% over the past five years.

To underpin strong, steady expansion in the region, DANONE is beefing up its management team and introducing a new structure for this strategic market on July 1 this year.

Simon Israel, 54, Executive Vice-President, Asia-Pacific since 1997, is appointed Chairman, Asia-Pacific, and will represent Groupe DANONE in the region, notably with partners.

Emmanuel Faber, 41, currently Executive Vice-President, Finance, Strategy and Information Systems at Groupe DANONE, is appointed Executive Vice-President, Asia-Pacific, with responsibility for operational activities in the region.

At the same time Antoine Giscard d'Estaing, 44, Executive VP, Finance & Control, Legal Affairs at Schneider Electric, is appointed Executive Vice-President for Finance, Strategy and Information Systems at Groupe DANONE.

Antoine Giscard d'Estaing, 44, is a graduate of HEC and ENA. After working as a Finance Inspector in the French civil service, he joined Groupe Lyonnaise des Eaux-Dumez in 1990, serving as Senior Vice President, Finance of Lyonnaise des Eaux from 1995 to 1997, then Finance Director of Suez-Lyonnaise des Eaux from 1997 to 1999. In 1999, he joined Schneider Electric, where he has been Executive VP, Finance & Control, Legal Affairssince 2001. Antoine Giscard d'Estaing is a member of the board of French market authority Autorité des Marchés Financiers (AMF) and a director of NRJ.

Simon Israel, Emmanuel Faber and Antoine Giscard d'Estaing are members of the Executive Committee of Groupe DANONE.

Appendix

Key Figures, Asia-Pacific region

In the Asia-Pacific region, Groupe DANONE is present in India, Indonesia, Malaysia, China, Japan, New Zealand and Australia.

Groupe DANONE is market leader for biscuits in India, Malaysia, New Zealand and China; for bottled water in China and Indonesia; and for energy drinks in New Zealand.

In 2004, the Group employed over 41,000 people in the region—46% of its total workforce—and operated 84 production plants of a total 200 worldwide. Annual sales revenues in the region totaled ?2 billions, with operating margin at 14%. Nearly all output produced in the region is consumed locally.

Production volumes total around 506,000 metric tons for biscuits (40% of Group total) and 7,7 billions liters for beverages (45% of Group total).

In the first quarter of 2005, markets in Asia accounted for nearly 30% of Group organic growth and 18%of DANONE total sales.



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