Fonterra provides update to FY22 earnings guidance

Fonterra has updated its earnings guidance for the 2022 financial year, indicating it will be towards the top end of 25-35 cents per share.

The Co-op has made good progress against its strategy in the past 12 months, and Fonterra remains well-positioned to keep delivering against it.

Its financial results for the year ending 31 July 2022 will be released on 22 September.