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Fonterra - Latest News [Page 1]
Fonterra Provides Update on Earnings
Monday, 12 August 2019, 9:25 am | Fonterra
Fonterra Co-operative Group Limited today reconfirmed its underlying earnings guidance for the 2019 financial year that ended on 31 July 2019 (FY19), announced a final decision on its full-year dividend for FY19, and provided further information on ... More >>
Fonterra announce intention to reduce Beingmate shareholding
Wednesday, 7 August 2019, 9:37 am | Fonterra
Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of 18.8%. Chief Executive Miles Hurrell says this decision is part of Fonterra’s three-point plan ... More >>
Nominations Documents Ready for Fonterra Election
Friday, 2 August 2019, 3:54 pm | Fonterra
Nominations for the Fonterra Board of Directors’ Election open today, Friday 2 August with an election to be held for two farmer-elected Directors. More >>
No New Coal Boilers for Fonterra
Thursday, 18 July 2019, 11:10 am | Fonterra
Fonterra is shaving eleven years off its coal target, as it announces a new commitment to reduce its reliance on coal. This commitment is the latest in a series of targets the Co-operative has set as it looks to embed sustainability at the heart of everything ... More >>
Fonterra and shareholders' council respond to climate bill
Wednesday, 17 July 2019, 10:45 am | Fonterra
Fonterra and the Fonterra Shareholders’ Council have today released their submissions on the Climate Change Response (Zero Carbon) Amendment Bill. More >>
Heavy lifting in sports and active lifestyle pays off
Friday, 28 June 2019, 8:49 am | Fonterra
Today Mars has signed an agreement to purchase a majority shareholding in German targeted nutrition business, foodspring and, as part of this transaction, Fonterra has sold its interest in foodspring’s parent Goodminton A.G, and will realise a ... More >>
Fonterra provides strategy, milk price and earnings updates
Thursday, 23 May 2019, 9:38 am | Fonterra
• Key third-quarter financial performance numbers: o Sales volumes: 16.6 billion LME, up 4% o Revenue: $15 billion, up 1% o Gross margin: $2.2 billion, down 3% o Normalised operating expenses: $1.8 billion, down $73 million o Normalised EBIT: ... More >>
Tip Top to Join Froneri Global Family
Monday, 13 May 2019, 2:08 pm | Fonterra
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. More >>
High Performing Farms Part of New Approach to Sustainability
Wednesday, 3 April 2019, 3:38 pm | Fonterra
In line with key themes emerging from its new strategy, Fonterra today announced details of its new approach to sustainability on farm. The Co-operative Difference will make it easier for farmers to know what is expected today and in the future, ... More >>
Fonterra Announces 2019 Interim Results
Wednesday, 20 March 2019, 9:09 am | Fonterra
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 million, but normalised Earnings Before Interest and Tax (EBIT) are down 29% ... More >>
Fonterra appoints Judith Swales COO Global Foodservice
Thursday, 7 March 2019, 10:13 am | Fonterra
Fonterra CEO Miles Hurrell has confirmed Judith Swales to the role of Chief Operating Officer, Global Consumer and Foodservice. This follows her appointment to the role in an acting capacity earlier this year. Miles Hurrell says “Judith has been providing ... More >>
Miles Hurrell Permanently Appointed Fonterra CEO
Tuesday, 5 March 2019, 10:43 am | Fonterra
Fonterra Co-operative Group (FCG) has announced the permanent appointment of Miles Hurrell as its Chief Executive Officer (CEO), with immediate effect. More >>
Fonterra Increases 2018/19 Forecast Farmgate Milk Price
Thursday, 28 February 2019, 12:19 pm | Fonterra
• 2018/19 forecast Farmgate Milk Price range increased to $6.30-$6.60 per kgMS More >>
Fonterra to explore opportunities in complimentary nutrition
Wednesday, 27 February 2019, 9:45 am | Fonterra
Fonterra has taken a stake in Motif Ingredients, a US-based food ingredients company that develops and commercialises bio-engineered animal and food ingredients. Fonterra joins Ginkgo Bioworks, Breakthrough Energy Ventures, Louis Dreyfus Companies and ... More >>
Fonterra Signs up Farms to Supply the a2 Milk Company
Wednesday, 20 February 2019, 11:39 am | Fonterra
Starting today, Fonterra is signing up farms to supply milk for The a2 Milk Company in the 2019/2020 season. More >>
Fonterra Mourns Loss of Former Chairman John Wilson
Tuesday, 29 January 2019, 8:23 am | Fonterra
Fonterra and its farmers are mourning the loss of their former Chairman John Wilson, who passed away this morning after a hard-fought battle with illness. More >>
Fonterra’s Farm Source™ to Sell Livestock Division
Wednesday, 9 January 2019, 4:42 pm | Fonterra
Fonterra has today announced that it will sell the Farm Source™ livestock division to Carrfields Livestock – an established livestock agency provider. More >>
Fonterra to help farmers get greater milk price certainty
Wednesday, 12 December 2018, 9:40 am | Fonterra
Fonterra has today announced that it will introduce a new financial tool to help farmers gain more certainty of what they will be paid for their milk for the season. The new Fixed Milk Price can help them with budgeting, planning, and managing on-farm ... More >>
Voting for the 2nd Fonterra Directors' Election is underway
Wednesday, 5 December 2018, 9:36 am | Fonterra
Voting is now open for the 2018 Fonterra Board of Directors’ Second Election. Only two candidates from the first election, Leonie Guiney and Peter McBride, obtained more than 50% support from voting shareholders. The Rules of the first election state ... More >>
Fonterra Releases Its Sustainability Report 2018
Thursday, 29 November 2018, 9:46 am | Fonterra
Fonterra is pleased to share its second annual Sustainability Report covering how the Co-operative is progressing towards its environmental, social and economic goals. More >>
