2020/21 QUARTER ONE UPDATE

A solid start to 2020/21 financial year

  • Narrowed and lifted the lower end of forecast Farmgate Milk Price range
  • Normalised EBIT up on same time last year, which was before we felt the impact of COVID-19
  • Maintained forecast earnings per share range
  • Uncertainty remains around future impact of COVID-19
  • Progressing on our environmental targets and a continued focus on our people

Forecast normalised earnings per share

25c-35c

Normalised profit after tax

$588

Million

Normalised Profit After Tax

$587

million

61

%

Total Group normalised EBIT

$190

million

$60

m

Grid Layout > Reporting Summary

2020/21 QUARTER ONE UPDATE

A solid start to 2020/21 financial year

  • Narrowed and lifted the lower end of forecast Farmgate Milk Price range
  • Normalised EBIT up on same time last year, which was before we felt the impact of COVID-19
  • Maintained forecast earnings per share range
  • Uncertainty remains around future impact of COVID-19
  • Progressing on our environmental targets and a continued focus on our people

Forecast normalised earnings per share

25c-35c

Normalised profit after tax

$588

Million

Normalised Profit After Tax

$587

million

61

%

Total Group normalised EBIT

$190

million

$60

m