New Zealand’s Fonterra faces losses
date:Aug 13, 2019
strategy. The review process has also identified a small number of assets that we believe are overvalued, based on the outlook for their expected future returns, he says.

We made a commitment to provide information to update farmers and unit holders as it comes available. The numbers still need to be finalised and audited but we now have enough certainty overall to come out in advance of our annual results announcement in September, he adds.

Hurrell says that the majority of the one-off accou
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