Fonterra, the world's largest dairy exporter, reports a 23% increase in first-half profit to $NZ674 million.
Fonterra, the world's largest dairy exporter, reported a 23% increase in first-half profit, reaching $NZ674 million, with an increase in the interim dividend to 15 cents a share from 10 cents a year earlier. Fonterra attributes the strong performance to higher margins and sales volumes across its diversified product mix. The company's full-year earnings range forecast remains at 50-65 cents per share.
March 20, 2024
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