Fonterra expects to report steady annual earnings for the year ended July 2022. Photo / File
Fonterra said its earnings for the financial year to July 2022 should be towards the top end of its guidance range of 25 to 35 cents per share.
Chief executive Miles Hurrell said the co-op was still finalising and auditing its numbers but there was enough certainty to provide an
update ahead of its annual results announcement, scheduled for September 22.
"Our co-op has made good progress against our strategy over the past 12 months, and we look forward to updating our stakeholders when we release our results in September," he said in a statement.
"Looking ahead, we see a positive outlook for dairy.
"We continue to see favourable supply and demand dynamics and remain well-positioned to keep delivering against our strategy," Hurrell said.
