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Fonterra lifts earnings, milk price guidance

Dairy co-op sees higher margins continuing in first half after strong first quarter.

Fonterra: on track for a strong interim dividend.

NBR Staff Thu, 07 Dec 2023

Dairy co-op Fonterra has lifted its forecast milk price and earnings guidance as first quarter earnings rose 85% on the same period a year ago.

In a statement to the NZX, Fonterra said it was increasing its forecast milk price for the 2023/24 season to $7-$8 a kg of milk solids from the previous

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NBR Staff Thu, 07 Dec 2023
Contact the Writer: editor@nbr.co.nz
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Fonterra lifts earnings, milk price guidance
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