Fonterra's jump in profits reflect both a strong strategy and execution - DairyNZ
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Another positive annual result for Fonterra despite challenging weather conditions and global volatility.
The dairy co-op's confirmed a total cash return to shareholders of $19.6 billion.
The final Farmgate Milk Price payout for dairy farmers is $9.69, down from a record-high payout of $10.16 last year.
DairyNZ CEO Campbell Parker told Ryan Bridge the results reflect not only strong strategy, but strong execution.
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