Fonterra has today lifted the 2022/23 forecast Farmgate Milk Price range by 50 cents to NZ$8.75-$10.25 per kgMS, announced earnings guidance of 30-45 cents per share for 2022/23 and provided an update on its long-term strategy.
The Co-op has also announced changes to its organisational structure to accelerate progress towards its long-term aspirations, including two new Fonterra Management Team roles and Kelvin Wickham stepping away from the Co-op after 34 years.
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