Fonterra first half operating earnings up 17pc, sets 5c dividend
16 Mar, 2021 07:51 PM
3 minutes to read
Fonterra said a standout performance from its Greater China business helped drive its normalised operating profit for the six months to January up by 17 per cent to $684m.
The co-op also said it would pay a 5c interim dividend after opting not to pay one in the previous corresponding interim period.
Fonterra s reported net profit came to $391m, down 22 per cent.
After being normalised the figure came in at $418m.
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Fonterra kept to its full-year forecast normalised earnings forecast of 25-35 cents per share.
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Fonterra first half operating earnings up 17pc, sets 5c dividend
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