Fonterra Co-operative Group Limited

Fonterra Co-operative Group Limited (Fonterra) is one of the world's leading exporters of dairy products and dairy ingredients. It is engaged in the collection, manufacture and sale of milk and milk derived products. The company supplies foodservice operators around the world with a range of branded dairy products, as well as dairy ingredients, including ready-to-serve beverages, butter, ready-to-serve creams, yoghurt, cheese, milk, ice cream, desserts and pre-proofed frozen pastry. Its ingredients are used to manufacture a wide range of dairy products for markets around the world. Fonterra markets its products in more than 140 countries. The company is headquartered at Auckland, New Zealand.The company reported revenues of NZD 19,512 million during the fiscal year ended July 2008, an increase of 42.56% from 2007. The operating profit of the company was NZD 598 million during the fiscal year 2008, a decrease of 50.9% over 2007. The net profit of the company was NZD 235 million during the fiscal year 2008, an increase of 42.42% over 2007.