Quick Hit: Three Point Four Billion. Familiar Labels.
Fonterra’s $3.4 billion year came with a $1.2 billion one-off from selling Anchor and Mainland to France’s Lactalis. Farmers banked the cheque, and the butter still costs what it costs.
Fonterra’s $3.4 billion year came with a $1.2 billion one-off from selling Anchor and Mainland to France’s Lactalis. Farmers banked the cheque, and the butter still costs what it costs.