Fonterra Co-operative Group Limited has issued a Global Dairy Update.
For further information contact:
Simon Till
Director, Capital Markets
Phone: +64 21 777 807
The business is reportedly being hit hard by increasing air freight industry competition.
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
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