Sixty former and new suppliers have joined Australian dairy cooperative Bonlac this year, showing increased confidence in the group's recovery. Chairman Noel Campbell reported operating profits after tax of A$37m (US$20.2m), compared with net profits worth A$41m last year. The company has managed to reduce its debt from A$286.3m to A$29.2m, although chief financial officer Mark Smith conceded that the debt level remains a problem.