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Saturday 25 June 2022

Fonterra narrows 2021 earnings guidance

26th February 2021 By Staff Reporter | news@foodticker.co.nz | @foodtickernz

Fonterra has lifted the bottom end of its 2021 forecast earnings guidance and narrowed the range to 25-35 cents per share, from 20-35 cents per share.

Fonterra CEO Miles Hurrell said while it was still in the process of preparing its interim accounts for release on 17 March, the company now had enough information to provide more clarity on its full-year earnings guidance.

He said Fonterra was expecting its earnings performance to be heavily weighted to the first half of the financial year.

 

 


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