Fonterra says under-performing Australian units will be 'given attention'

Wed, 25 Mar 2015

By Fiona Rotherham March 25 (BusinessDesk) - Fixing under-performing businesses in Australia is a key part of Fonterra Cooperative Group’s renewed push to drive more value from transforming the business, particularly when low global milk prices depress its payout to farmers. The cooperative disappointed its farmer shareholders today with its half-year result, which included an interim dividend of 10 cents a share and a trimmed full-year dividend forecast range of 20 cents to 30 cents per share for the 2014/2015 season, given the current l...

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