10 Aug 2018

Fonterra to reveal forecast earnings - analysis

From Morning Report, 7:29 am on 10 August 2018

Fonterra will reveal later on Friday if there's a significant change to its forecast earnings for the financial year just ended. Yesterday the country's largest company requested a trading halt on the Stock Exchange so it could finalise the numbers. It reported its first ever loss for the first half of the year but back then said it still expected to turn a healthy profit for the full year. To explain what's going on we're joined RNZ business editor Gyles Beckford.