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'Stars must align’ before earnings outlook improves, says Fonterra CEO

Co-op not affected by shipping congestion so far.

Tim Hunter Fri, 04 Dec 2020

After announcing an increased milk price forecast for the current season, Fonterra chief executive Miles Hurrell said “the stars would need to align” before it could raise its earnings outlook.

Fonterra this morning issued an update on the first quarter to October, boosting the mid-point of

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Tim Hunter Fri, 04 Dec 2020
Contact the Writer: thunter@nbr.co.nz
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'Stars must align’ before earnings outlook improves, says Fonterra CEO
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