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General Business
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Fonterra profit dips on higher costs

Chief financial officer Marc Rivers to leave at year’s end.

NBR staff
Thu, 17 Mar 2022

Higher costs, including for milk supplies, have eaten into Fonterra’s half-year profits but the dairy giant has again announced an interim dividend and is sticking to its full-year earnings forecast.

Net profit for the six months to January was $364 million, down from $391m for the same period

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NBR staff
Thu, 17 Mar 2022
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Fonterra profit dips on higher costs
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