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Fonterra reports ’20 interim results; Normalised EBIT worth $584 million
date:Mar 26, 2020
Fonterra Co-operative Group Limited announced its 2020 Interim Results, which showed that the co-operatives financial performance has improved with increased underlying earnings and reduced debt. The total groups normalised earnings before interest and tax (EBIT) was worth $584 million, up from $312 million.

The interim results can be summarised as follows:
Total group EBIT: $806 million, up from $312 million
Normalised net profit after tax: $293 million, up from $72 million
Reported net profit

12/22 22:08