Photo: RNZ / Cole Eastham-Farrelly
Dairy giant Fonterra has increased its first quarter profits to $278 million, $15m more than a year ago.
Key numbers for the quarter ended 31st October:
Net profit $278m up $15m
Forecast FY earnings unchanged at 45-65cps
Midpoint milk price forecast $9.50 per kgMS
Lactalis gain
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