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Karl Dean: Federated Farmers Dairy Chair on Fonterra's profit
Published 7 months, 1 week ago
Description
New Zealand's economy's been shrinking, but our largest company has seen profits surge.
Fonterra's announced a 13-percent rise in annual operating profit.
Its cash return to shareholders is up 30.6 percent, and its final farmgate milk payout to farmers has reached a new record high of 10-dollars-16.
Karl Dean, Federated Farmers Dairy Chair, shares his thoughts with Francesca Rudkin,
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