Fonterra posts massive profit turnaround

Carlene Dowie
Updated September 21 2020 - 9:43am, first published September 18 2020 - 2:00pm
REBOUND: A restructure and new strategy has paid dividends for Fonterra, which has returned to profitability, despite the COVID-19 crisis.
REBOUND: A restructure and new strategy has paid dividends for Fonterra, which has returned to profitability, despite the COVID-19 crisis.

Fonterra has posted a profit for the first time in two years despite the impact of the COVID-19 crisis.

Carlene Dowie

Carlene Dowie is the editor of the Australian Dairyfarmer magazine and has more than 30 years' experience as a rural journalist.

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