Fonterra Co-operative Group First Half 2024 Earnings: EPS: NZ$0.42 (vs NZ$0.27 in 1H 2023)

Fonterra Co-operative Group (NZSE:FCG) First Half 2024 Results

Key Financial Results

• Revenue: NZ$11.1b (down 10% from 1H 2023).
• Net income: NZ$714.0m (up 35% from 1H 2023).
• Profit margin: 6.4% (up from 4.3% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: NZ$0.42 (up from NZ$0.27 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fonterra Co-operative Group shares are up 5.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Fonterra Co-operative Group you should know about.

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