Fonterra posts record NZ$1.6bn profits on the back of strong protein and cheese margins

The New Zealand co-op forecasted improved margins across consumer and foodservice channels for FY24 and said there were indications that demand for milk powders will begin to return from early 2024.

Related Keywords

New Zealand ,China ,North Island ,New Zealand General ,Chile ,Chilean , ,Fonterra ,Group Operating Expenses ,China Farms ,Asia Brands ,Fonterra Brands New Zealand ,Core Operations ,Capital Return ,Farmgate Milk ,Business ,Ll Asia Pacific ,Oceania ,Industry Growth ,Supply Chain ,Dairy ,Financial Results ,