10:30 am today

Fonterra makes $1 billion

From Nine To Noon, 10:30 am today
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Photo: rnz

Dairy co-operative Fonterra has reported a slight drop in full year net profit, but still made just over $1 billion. Chief executive Miles Hurrell says the full year has been one of the Co-op's strongest years yet, with the current year also looking positive for shareholders.  RNZ Business Editor Gyles Beckford looks at the numbers.