Fonterra stable but lower milk price ahead for farmers
Third-quarter update reports earnings growth, uncertain outlook.
Fonterra has provided a third-quarter update affirming its expected full-year earnings guidance of 15c to 25c a share but cited an uncertain outlook in its initial milk price forecast of $5.40 to $6.90 a kg of milk solids for next season.
Normalised earnings before interest and tax for the nine
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