Two dairy companies and two very different stories. That's the backdrop to the full-year results due from Fonterra Co-operative Group and Synlait Milk over the coming week. Fonterra is on track to deliver another strong dividend after selling its consumer business, returning billions to shareholders and smoothly transitioning its leadership. Meanwhile, Synlait is emerging from another bruising year marked by manufacturing challenges, a third chief executive departure in almost as many years and a forecast hefty loss, although recent export data...
Business · Dairy
Fonterra Reports Strong Results, Synlait Faces Challenges
Fonterra Co-operative Group is set to announce robust financial results, including a strong dividend, following the sale of its consumer business, while Synlait Milk is expected to report a significant loss amid ongoing operational difficulties.
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