Danone

Nestlé and Danone are coming under increasing pressure from investors and authorities following large-scale recalls of infant formula products, which have raised health concerns, led to official probes in France, and sparked debate over the speed of the two European food giants in reacting to possible contamination risks.

The recalls, which are among the largest to hit the infant nutrition industry in the past few years, have piled pressure on the two European food majors before their upcoming earnings announcements, where investors are likely to demand more concrete assessments of financial losses and assurances that measures have been taken …