13 Sep 2018

Fonterra posts loss

From Nine To Noon, 9:20 am on 13 September 2018
Fonterra milk truck

Photo: RNZ / Rebekah Parsons-King

Fonterra says it will make changes to its business, having just posted a net loss of $196 million for year ended July. This is the first time the diary giant has made a loss and compares with last year's $734 million profit.

Kathryn discusses the result with RNZ Business Editor Gyles Beckford and Federated Farmers Dairy Industry Group Chairperson Chris Lewis.