Warrnambool Cheese returns to profit

Warrnambool Cheese and Butter Factory Company has announced a half year 2017 normalised net profit after tax of $12.0 million, following the loss of the previous corresponding period.
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Tomra acquires Compac for A$65m

Norway’s Tomra Systems has agreed to a buyout deal of NZ$70m (A$65m) for Kiwi fruit sorting company Compac Holdings. The 100 per cent acquisition of the Auckland based packhouse automation systems
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Fonterra posts $807 million profit

New Zealand dairy giant Fonterra has announced a 65 per cent increase in net profit after tax to $807 million (NZ$834 million) for the year ended 31 July 2016.
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