date:Mar 29, 2013
as (DPA). In particular, product innovation in the Chilean market with the successful launches of new dairy desserts and yoghurts supported earnings growth.
The company said that its strong first half earnings were unlikely to be repeated in the second half, with total milk volumes for the current season in line with last season. Fonterra also noted the potential adverse impact of ongoing volatility in commodity markets, slowing in Asian demand and intensified competition, particularly in Austr