Headline earnings per share for the period were expected to be more than 180.5cents higher than the headline loss per share of 23.1c that was reported at the end of last year, the dairy group said in a trading statement on Friday.
Earnings per share were expected to be more than 182.7c higher than the 19.9c loss per share reported in the comparative period.
The annual financial results are expected to be released around September 10.
An earlier earnings forecast was still considered to be achievable, despite tough trading conditions experienced during January to April. However, “strong trading in May and June will be essential to meet these targets”.