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Fonterra reports ’20 interim results; Normalised EBIT worth $584 million
date:Mar 26, 2020
ards our long-term goals of Healthy People, Healthy Environment and Healthy Business, he added.

Fonterras key financial targets for 2020 are to meet its earnings guidance of 15-25 cents per share, achieve a gross margin in excess of $3 billion, reduce debt so it is no more than 3.75 times its earnings and ensure capital expenditure is no more than $500 million.

Commenting on these targets, Hurrell stated that he was pleased with the progress and momentum Fonterra had achieved in the first six

12/25 09:18