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Reuters
Reuters
Business

New Zealand's Fonterra delays annual results to later in September

FILE PHOTO: A Fonterra milk tanker arrives to Fonterra's Te Rapa plant near Hamilton, New Zealand August 6, 2013. REUTERS/Nigel Marple

(Reuters) - Fonterra <FSF.NZ> <FCG.NZ> on Friday said it would delay next week's scheduled annual results announcement to sometime before the month's end, but maintained that it would report a loss.

The world's biggest dairy exporter was set to report results on Sept. 12, but said in a statement that it will report no later than Sept. 30.

It maintained a full-year loss forecast of as much as NZ$675 million, which would be its worst-ever annual loss.

(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Dan Grebler)

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