Miles Hurrell: Fonterra Chief Executive on 8% net profit rise, and the hope for dairy to be included in India’s FTA
Heather du Plessis-Allan Drive · Newstalk ZB
March 20, 20255m 15s
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Show Notes
It’s good news for diary giant Fonterra, whose first half net profit is up 8 percent to $729 million, with a revenue growth of 14 percent.
A dividend of 22 cents a share will be paid, and the forecast farmgate milkprice is sitting at a midpoint of $10 a kilo.
What is the message to farmers?
Fonterra Chief Executive Miles Hurrell talks to Tim Beveridge about the result.
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Topics
Miles HurrellFonterraDAIRY NZdairy industryIndia’s FTAGDP