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Business
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Fonterra reports record profit, strong dividend

Dairy co-op sees demand strengthening next year.

WATCH: Fonterra FY23 Annual Results

NBR Staff Thu, 21 Sep 2023

Dairy giant Fonterra has reported a record profit and its second highest dividend for the year to July driven by strong margins for cheese and protein, as well as Chinese demand in foodservice products.

“Our FY23 performance demonstrates that we are focusing on the right strategic priorities. This

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NBR Staff Thu, 21 Sep 2023
Contact the Writer: editor@nbr.co.nz
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Fonterra reports record profit, strong dividend
Business,
100935
true