Fonterra reports ’20 interim results; Normalised EBIT worth $584 million
date:Mar 26, 2020
alised earnings guidance of 15-25 cent per share.

Our underlying earnings are tracking well at the half year, but there is no doubt that we have a number of risks that are outside our control in the second half in particular, the potential impact of COVID-19 on global demand, geo-political risks in key markets such as Hong Kong and Chile, and ongoing dry weather conditions here in New Zealand which could impact collections and potentially input costs. As a result, we have held our forecast ear
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