The dairy producer is expected to come in with positive earnings driven by buoyant global milk prices, hot on the heels of its announced $4.2b sale of its consumer interests.
Fonterra will be the cream of what otherwise is a light reporting cycle on the NZX this week.
The results, out on Thursday, follow a strong third quarter to April, with profit after tax of $1.16 billion, up 11% year-on-year and prompting a year-end earnings range to 65-75 cents per share, the upper
