Tag: dairy production
Fonterra reports strong earnings amid challenges in FY23
New Zealand dairy giant Fonterra announced its financial results for the fiscal year ending on 31 July 2023, with full-year earnings of 95 cents per share, with a profit after tax of $1.6 billion and a final Farmgate Milk Price of $8.22 per kgMS for the 2022/23 season.Â
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What spending reveals about downstream consumer demand for manufactured goods
For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.
