Fonterra Financial Overview

Progress in our New Zealand Operations Fonterra Dairy for life Improved planning and farm pick-up efficiencies have partially offset rising collection costs, due to our on-farm milk vat monitoring systems Enhanced milk utilisation and plant uptime has been supported by proactive asset care and people capability programmes, despite the disruption of site and shift bubbles to manage COVID-19 With only 38% of ships arriving on time in New Zealand, we are successfully minimising the impact to customers, through collaboration of our supply chain teams, including Kotahi 4

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