Bloomberg Markets and Finance published this video item, entitled “Fonterra Sees Strong Global Demand for Dairy Protein: Asia Pacific CEO” – below is their description.
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. 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.”Bloomberg Markets and Finance YouTube Channel
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