date:Mar 29, 2013
aid Theo Spierings, Fonterras CEO. The ongoing volatility in commodity markets could have a negative impact on product mix profitability, he said.
In many of our consumer markets, we are expecting intensified competition in the second half particularly in Australia and in Asia we are seeing signs of demand slowing, Mr Sprierings added.
Highlights from Fonterras half yearly results, compared to the same period last year, included:
Record milk volumes collected up 6 per cent;
Total external