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Fonterra reports ’20 interim results; Normalised EBIT worth $584 million
date:Mar 26, 2020
opportunities to improve the ongoing performance of the business, Hurrell stated.

Our teams continue to carefully manage costs and we have reduced our operating expenditure by $140 million on the same period last year. At the same time, we are not cutting costs in areas that are aligned to our strategy and will deliver additional long-term value from our farmer owners milk, he added.

While lifting our financial performance, we have also kept sustainability and communities at our heart. Some e

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