Fonterra impacted by competitive Australian retail conditions
date:Mar 29, 2013
03.8 million butter and blends market.

Fonterras half-yearly results were announced last week and its financial report said the Companys Australian consumer brands were impacted by a very competitive retail environment, and its Australian milk processing business was impacted by intensifying competition for milk supply.

The Company also an important player in the fresh and powdered milk markets in Australia. Based on Nielsens market analysis, Fonterra holds a 2.3 per cent value share and a 1.5
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