date:Mar 29, 2013
t sales of value-added nutritional powders, and more milk being channelled into lower value milk powder sales.
In Asia/AME, higher volume growth in the Foodservice and consumer brands business across China, Indonesia, Malaysia, Middle East and Vietnam, contributed to a 13% increase in sales volume to 186,000 MT.
Fonterra said that Latam did well with normalised EBIT up 5% driven by solid earnings growth from Soprole, which was offset to some extent by a weaker result from Dairy Partners Americ