Home Fonterra 'walks fine line' in first-half result
 

Keywords :   


Fonterra 'walks fine line' in first-half result

2016-03-23 05:05:35| Food - Topix.net

Fonterra Cooperative Group, the world's largest dairy exporter, has avoided weakening its balance sheet by providing support to farmers via a higher first-half dividend while shifting production to higher-margin goods to lift profit as sales fell. Auckland-based Fonterra doubled its first-half dividend to 20 cents and will make early payment of the final 20 cent payment, in two increments in May and August.

Tags: line result fine walks

Category:Food and Related Products

Latest from this category

All news

»
22.11Spain fines budget airlines including Ryanair 179m
22.11Eastern North Pacific Tropical Weather Outlook
22.11Atlantic Tropical Weather Outlook
22.11Rush PANTS
22.11SBS
22.11/
22.11 YOU
22.11
More »