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Business Scoop » Fonterra Reports A Positive Half Year Result

Press Release – Fonterra Fonterra Co-operative Group Limited today announced its 2021 Interim Results and they show the Co-operative has had a positive first half, resulting in a Total Group normalised EBIT of $684 million, normalised Profit After Tax of $418 million and … Summary of numbers Normalised Profit After Tax: $418 million, up 43%# Total Group normalised Earnings Before Interest and Tax (EBIT): $684 million, up 17%# Total Group EBIT: $657 million, down 18% Net debt: $5.6 billion, down 3% Total Group normalised Gross Profit: $1,722 million, up 3% Total Group normalised Gross Margin: 17.4%, up from 16% Total Group normalised Operating expenditure: $1,055 million, down 3% Normalised Greater China EBIT: $339 million, up 38% Normalised Asia Pacific EBIT: $190 million, up 9%

Fonterra Reports A Positive Half Year Result

Normalised Profit After Tax: $418 million, up 43%# Total Group normalised Earnings Before Interest and Tax (EBIT): $684 million, up 17%# Total Group EBIT: $657 million, down 18% Net debt: $5.6 billion, down 3% Total Group normalised Gross Profit: $1,722 million, up 3% Total Group normalised Gross Margin: 17.4%, up from 16% Total Group normalised Operating expenditure: $1,055 million, down 3% Normalised Greater China EBIT: $339 million, up 38% Normalised Asia Pacific EBIT: $190 million, up 9% Normalised Africa, Middle East, Europe, North Asia, Americas (AMENA) EBIT: $201 million, down 7% Full year forecast normalised earnings per share: 25-35 cents per share Interim dividend: 5 cents per share Forecast Farmgate Milk Price: $7.30-$7.90 per kgMS Forecast milk collections: 1,525 million kgMS, up 0.5%

Results Dairy Sector – Fonterra reports a positive half year result

Results Dairy Sector – Fonterra reports a positive half year result
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