date:Aug 28, 2013
took advantage of the improved powder prices and lower exchange rates late in the year.
Chairman Frank Davis commented FY2013 has been a difficult and disappointing year, with results adversely impacted by flat international prices, a persistently high Australian dollar and high raw milk cost relative to market conditions. However WCB has undertaken a number of strategic steps to maintain its long term revenue base and mitigate against ongoing deterioration in international commodity revenues.