Fonterra Co-Operative Group Ltd operates within the Fluid milk sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fonterra Co-Operative Group Ltd with three other
dairy companies in Australasia:
A2 Milk Company Ltd
sales of 1.73 billion New Zealand Dollars [US$1.13 billion]
of which 82%
was Infant Formula),
Bega Cheese Limited
(1.49 billion Australian Dollars [US$1.06 billion]
of which 65%
was Bulk), and
Beston Global Food Company Ltd
based in AUSTRALIA
(103.17 million Australian Dollars [US$73.01 million]
of which 88%
was Australian Dairy).
During the year ended July of 2020, sales at
Fonterra Co-Operative Group Ltd were 20.28 billion New Zealand Dollars (US$13.28 billion).
a very small
increase of 0.8%
versus 2019, when the company's sales were 20.11 billion New Zealand Dollars.
Despite this increase, sales are still
below the level achieved in 2018, when Fonterra Co-Operative Group Ltd
reported sales of 20.44 billion New Zealand Dollars.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Fonterra Co-Operative Group Ltd had sales
of 18.85 billion New Zealand Dollars.
Sales of Greater China saw an increase
that was more than double the company's growth rate: sales were up
30.8% in 2020, from
1.48 billion New Zealand Dollars to 1.94 billion New Zealand Dollars.
Fonterra Co-Operative Group Ltd also saw significant increases in sales in
Global Ingredients and Operations (up 2.0% to 13.59 billion New Zealand Dollars)
Not all segments of Fonterra Co-Operative Group Ltd experienced an increase in sales in 2020:
sales of Latin America fell 31.0% to 1.04 billion New Zealand Dollars.
Fonterra Co-Operative Group Ltd also experienced decreases in sales in
Oceania (down 3.6% to 1.92 billion New Zealand Dollars)
Asia (down 0.7% to 1.80 billion New Zealand Dollars)