Fonterra’s Outlook Challenging for Second Half: APAC CEO

The video discusses the company's strong first-half results, highlighting significant growth in China and the impact of COVID-19 on consumer behavior. Despite a positive first half, challenges such as rising milk prices and shipping delays pose risks for the second half. The company is focusing on financial management, strategic shifts from volume to value, and innovation in product offerings, particularly in China. The strategy includes divesting non-core assets and preparing for potential consumer financial pressures.

What were the highlights of the company's performance in China, and how did it contribute to overall results?

How does the company plan to address the challenges posed by logistical bottlenecks and shipping delays?

What changes in strategy has the company made regarding its global expansion and asset management?