Judith Swales, chief executive officer for Asia Pacific at Fonterra Cooperative Group, discusses how rising inflation is affecting the New Zealand company, its financial results and outlook.
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Fonterra Sees Strong Global Demand for Dairy Protein

The world’s biggest dairy exporter reported normalized net profit after tax for the full year of NZ$591 million compared to NZ$588 million a year ago. Swales also explains why Fonterra has decided not to sell a stake in its Australian business. She speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Asia.”

 

The quality rating of domestic dairy products has remained above 99 percent for six consecutive years, experts said at a webinar.

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