Solid third quarter result for Fonterra
Fonterra has announced an improved third quarter performance – with a profit after tax of $1.15 billion, up $119 million on the same period last year.
His comments come after a meeting in Wellington yesterday with Prime Minister Jacinda Ardern and senior ministers.
“We are looking forwards to working with the Government on the review undertaken by Minister O’Connor (Agriculture Minister Damien O’Connor),” he says.
Monaghan says apart from briefing Government on its annual results, they discussed other matters relating to the industry. He did not elaborate.
Monaghan was accompanied by new chief executive Miles Hurrell.
