Sep 25, 2024 / 01:30AM GMT
Miles Hurrell - Fonterra Co-Operative Group Ltd - Chief Executive Officer
Thank you, and good afternoon, everybody. Thank you for joining us this afternoon. I'm joined by Selena and Phil from the Investor Relations team; and Andrew Murray, our new CFO, who I know a number of you will meet over the coming days.
Hopefully, by now, you've had a chance to review the detail that we provided through the NZX this morning to give an overview of where we landed. But overall, very pleasing to see that the Co-operative has again delivered on our promises and have been put ourselves in a very strong position from a balance sheet perspective to go forward.
I'd now like to just open straight away for questions. We can answer anything that you have on top of your mind and go from there. So thank you.
Questions and Answers:
Operator(Operator Instructions) Nick Mar, Macquarie.
Nick Mar - Macquarie Group - Analyst
Just in terms of the guidance, obviously, the fourth quarter margins in foodservice and consumer were
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