Tag: Fonterra

Fonterra Third Quarter Earnings Rise To $815m
Farming, News
176 views
Farming, News
176 views

Fonterra Third Quarter Earnings Rise To $815m

News Desk - May 21, 2020

Fonterra has announced an increase in third quarter earnings before tax of $301 million to $815m, despite the challenges from Covid-19. However the dairy cooperative has lowered…

Appointment of Independent Director to Fonterra Board
Farming, News
161 views
Farming, News
161 views

Appointment of Independent Director to Fonterra Board

News Desk - Apr 28, 2020

Fonterra today announced the appointment of a new Independent Director, Holly Kramer, who will join the Fonterra Board as an Independent Director on 11 May 2020. Ms…

Fonterra Chairman Confirms Retirement in November
Business, News
754 views
Business, News
754 views

Fonterra Chairman Confirms Retirement in November

News Desk - Mar 05, 2020

Fonterra Co-operative Group Limited (FCG) Chairman John Monaghan has confirmed that he will retire as a Director of the Co-operative when his current 3-year term ends at…

Fonterra Increases 2019/20 Forecast Farmgate Milk Price
Farming, News
382 views
Farming, News
382 views

Fonterra Increases 2019/20 Forecast Farmgate Milk Price

News Desk - Oct 22, 2019

Fonterra Co-operative Group Limited today increased its 2019/2020 forecast Farmgate Milk Price range from $6.25 - $7.25 per kgMS to $6.55 - $7.55 per kgMS. The Advance…

Fonterra Forecasts Up To $675m Loss For Year
Business, Farming
509 views
Business, Farming
509 views

Fonterra Forecasts Up To $675m Loss For Year

News Desk - Aug 12, 2019

Dairy giant Fonterra is forecasting another big loss as it writes down the value of underperforming overseas assets. The co-operative is forecasting a loss of between $590…

Fonterra Provides Strategy, Milk & Earnings Update
Business, Farming
828 views
Business, Farming
828 views

Fonterra Provides Strategy, Milk & Earnings Update

News Desk - May 23, 2019

Business Hub Presented by Fonterra Co-operative Group Limited today gave an update on its strategy review and shared timeframes for turning around the Co-op’s performance. At the…

Fonterra Confirms Tip Top Ice Cream Sale
Business, News
1328 views
Business, News
1328 views

Fonterra Confirms Tip Top Ice Cream Sale

Business Hub - May 13, 2019

New Zealand’s iconic ice cream company has a new owner, after global ice cream company Froneri today purchased Tip Top from Fonterra for $380 million. Fonterra CEO…

Dairy prices: 10th Straight Rise As Volumes Fall More Than 9 percent
News, Rural
687 views
News, Rural
687 views

Dairy prices: 10th Straight Rise As Volumes Fall More Than 9 percent

News Desk - Apr 17, 2019

Dairy prices have again risen slightly in the latest global auction keeping prices at close to a two-year high. The average price was up 0.5 percent to…

Fonterra Announces 2019 Interim Results & Strategic Review
Business, Farming
983 views
Business, Farming
983 views

Fonterra Announces 2019 Interim Results & Strategic Review

Business Hub - Mar 20, 2019

Fonterra Co-operative Group Limited today announced its 2019 Interim Results which show the Co-op has returned to profitability with a Net Profit After Tax (NPAT) of $80…

Fonterra Seeks Radical Revamp of Rules it Operates Under
Business, Farming
873 views
Business, Farming
873 views

Fonterra Seeks Radical Revamp of Rules it Operates Under

News Desk - Mar 07, 2019

Fonterra's comments have come in submissions to the biggest structural change in the dairy industry for almost two decades. At stake are a range of state-enforced constraints…