High costs, Aus business top of mind in Fonterra's 1H

High costs, Aus business top of mind in Fonterra's 1H
Investors keen to know how dairy giant is managing inputs. (Image: Supplied)
Rebecca Howard
The impact of significantly higher input costs and the ownership review in Australia will be key standouts in Fonterra’s half-year result on Thursday.In December, the co-operative said earnings before interest and tax were down $60 million to $190m in the three months to Oct 31 on higher input costs. Whole milk powder prices alone were up 30% on the year.  Rising inputs also saw it lower the top end of its forecast earnings range in December. Fonterra said it expected earnings of 25 cents to 35c a share versus a prior view of 25...

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