Fonterra Shareholders' Fund
(ASX:FSF) has lifted its forecast earnings per share range to between 45-55 cents.
The milk co-operative says it’s building on strong performance into the second half and cash savings implemented are helping the bottom line.
The company is undergoing a business transformation aimed at making lasting improvements across the global network and releasing cash benefits.
Fonterra reported a net profit of $16.25 million for period ended 31 July 2015.
