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Fonterra revenues up, profits down
date:Mar 28, 2014
e on stream ahead of expected increases in milk production.

We are bringing forward planned capital investments which will provide greater flexibility to take advantage of relative market prices; the additional capacity will reduce forced making of lower returning products; and the ability to take higher volumes from existing suppliers and new volume from joining suppliers.

This will result in additional capital expenditure of $400 - $500 million over the next three to four years. Even with fa

12/22 05:39