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Fonterra reports ’20 interim results; Normalised EBIT worth $584 million
date:Mar 26, 2020
ed, After considering the current uncertainty of the impact COVID-19 could have on earnings in the second half of the year, the Board has elected to not pay an interim dividend. At the end of the financial year, the Board will reassess the Co-operatives financial position and review the decision to pay a dividend.

Outlook for the second half
In talking about the second half of the financial year, Hurrell reaffirmed the forecast Farmgate milk price range of $7.00-$7.60 per kgMS and forecast norm

12/25 07:22