Fonterra has today provided updated earnings guidance for the 2022 financial year ending 31 July 2022, indicating that it will be towards the top end of its current guidance of 25 – 35 cents per share.

Fonterra CEO Miles Hurrell said the Co-op has made good progress against its strategy over the year and looks forward to updating stakeholders when it releases its results in September.

The results announcement is scheduled for Thursday, 22 September 2022.

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