Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
 

Fonterra - Latest News [Page 1]

Fonterra Increases Fy24 Forecast Farmgate Milk Price

Monday, 12 February 2024, 9:17 am | Fonterra

Fonterra Co-operative Group Ltd has today increased its 2023/24 season forecast Farmgate Milk Price, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS. The forecast range for the season increases to $7.30-$8.30 per ... More >>

It’s Electrifying! Fonterra To Install Its First Electrode Boiler At Edendale To Reduce Emissions

Thursday, 25 January 2024, 6:27 pm | Fonterra

In its next step to get out of coal, Fonterra has announced it will install a 20-megawatt electrode boiler at its Edendale site in Southland. This is another step for the Co-operative as it works to get out of coal by 2037 and reduce Scope 1 and 2 emissions ... More >>

Full Steam Ahead For Fonterra Waitoa Wood Biomass Boiler

Wednesday, 20 December 2023, 11:19 am | Fonterra

Fonterra’s Waitoa manufacturing site is now using around 50% less coal as its new wood biomass boiler swings into action. Waitoa is the third Fonterra manufacturing site to reduce coal use this year, as part of the Co-op’s plan to reduce its Scope ... More >>

Nestlé Partnership Sees Extra Payment Offered To Fonterra Farmers This Season

Thursday, 14 December 2023, 11:18 am | Fonterra

One year on from announcing a partnership designed to help reduce on-farm emissions, Fonterra and Nestlé are pleased to confirm the next step they’re taking to support farmers with their sustainability actions. A new agreement will see Nestlé fund ... More >>

Fonterra Lifts Forecast FY24 Earnings And Farmgate Milk Price After Strong Q1

Thursday, 7 December 2023, 9:27 am | Fonterra

Fonterra Co-operative Group Ltd today increased its forecast Farmgate Milk Price and earnings guidance for FY24 following a strong start to the year. The forecast Farmgate Milk Price midpoint for the 2023/24 season is up 25 cents to $7.50 per kgMS, ... More >>

Independent Director Scott St John To Retire From Fonterra Board

Friday, 1 December 2023, 9:03 am | Fonterra

Fonterra Co-operative Group Ltd has today announced that after seven years as an Independent Director, Scott St John will step down from the Fonterra Board on 31 March 2024. Fonterra Chairman Peter McBride says Mr St John has made the decision ... More >>

Nutiani’s Latest Innovations To Be Showcased At High 5 NZ Health Summit Sponsored By Fonterra

Thursday, 23 November 2023, 4:10 pm | Fonterra

Auckland, New Zealand, 23 November – Fonterra’s wellbeing nutrition solutions brand, Nutiani, will showcase its latest innovations and products aimed at supporting holistic health at the High 5 NZ Health Summit in Auckland on November 24. The major ... More >>

Fonterra Announces Climate Plans For The Future

Thursday, 9 November 2023, 10:53 am | Fonterra

Fonterra has taken a significant step towards achieving its climate ambitions today with the announcement of an on-farm emissions reduction target, and release of a Climate Roadmap and voluntary Climate-related Disclosure report. The Co-operative ... More >>

Fonterra And Nestlé Complete Sale Of DPA Brazil

Wednesday, 1 November 2023, 2:36 pm | Fonterra

Fonterra Co-operative Group Ltd can today confirm that the sale of Fonterra and Nestlé’s Dairy Partners Americas (DPA) Brazil joint venture* (JV) to French dairy company Lactalis is complete. Fonterra CEO Miles Hurrell says when the Co-op announced ... More >>

Fonterra CFO Neil Beaumont To Leave Co-op

Tuesday, 31 October 2023, 3:02 pm | Fonterra

Fonterra has today announced that Chief Financial Officer Neil Beaumont is leaving the Co-operative. Simon Till, who has most recently held the role of Fonterra’s Director Capital Markets, will take up the position of acting Chief Financial Officer ... More >>

Fonterra Revises FY24 Forecast Farmgate Milk Price

Monday, 9 October 2023, 9:23 am | Fonterra

Fonterra Co-operative Group Ltd today raised the 2023/24 season forecast Farmgate Milk Price range to $6.50 - $8.00 per kgMS, with a new midpoint of $7.25 per kgMS, up 50 cents. Fonterra CEO Miles Hurrell says the improved outlook reflects both supply ... More >>

Fonterra Announces FY23 Annual Results, Strong Full Year Dividend

Thursday, 21 September 2023, 10:27 am | Fonterra

Fonterra today announced its results for the financial year ending 31 July 2023, with full year reported earnings of 95 cents per share, reported profit after tax of $1.6 billion and a final 2022/23 season Farmgate Milk Price of $8.22 per kgMS. More >>

Fonterra Revises Fy24 Forecast Farmgate Milk Price

Friday, 18 August 2023, 9:51 am | Fonterra

Fonterra Co-operative Group has today reduced its 2023/24 season forecast Farmgate Milk Price range from $6.25 - $7.75 per kgMS, with a midpoint of $7.00 per kgMS, to $6.00 - $7.50 per kgMS with a midpoint of $6.75 per kgMS. Fonterra CEO Miles Hurrell ... More >>

Fonterra Updates Fy23 Earnings Guidance

Friday, 11 August 2023, 9:18 am | Fonterra

Fonterra Co-operative Group has today provided an update on its forecast normalised earnings for FY23 and full year dividend. CEO Miles Hurrell says while the Co-op is still in the process of finalising and having its FY23 numbers audited, it expects ... More >>

Fonterra Revises FY24 Forecast Farmgate Milk Price

Friday, 4 August 2023, 10:54 am | Fonterra

Fonterra Co-operative Group Ltd today reduced its 2023/24 season forecast Farmgate Milk Price range from $7.25 - $8.75 per kgMS, with a midpoint of $8.00 per kgMS, to $6.25 - $7.75 per kgMS, with a midpoint of $7.00 per kgMS. Fonterra CEO Miles ... More >>

Fonterra Increases Emissions Reduction Ambitions

Thursday, 20 July 2023, 6:54 am | Fonterra

Fonterra has today announced a lift in its decarbonisation ambition with a new Scope 1&2 emissions reduction target which will be achieved by bringing forward some of its work to get out of coal. Fonterra CEO Miles Hurrell says the Co-op is ... More >>

Fonterra Updates Farmgate Milk Price, Fy23 Earnings Guidance, And Brings Forward Capital Return Payment Date

Thursday, 25 May 2023, 9:17 am | Fonterra

Fonterra has today announced an opening 2023/24 season forecast Farmgate Milk Price of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS, updated its current season forecast Farmgate Milk Price, increased its full year earnings guidance, and ... More >>

Understanding And Fixing Obstacles To Fish Migration

Friday, 19 May 2023, 1:54 pm | Fonterra

An innovative project to understand, identify and remediate barriers to fish migration is taking place in the Taranaki region. The project is a collaboration between the Department of Conservation (DOC), Fonterra, the Taranaki Regional Council (TRC), ... More >>

Fonterra Taking Further Steps To Decarbonise And Lift Efficiency

Friday, 21 April 2023, 12:11 pm | Fonterra

Fonterra is continuing to progress its decarbonisation work with the announcement of another site transitioning from coal and the installation of a heat pump and solar thermal system. The Co-operative will convert its coal boilers at its Hautapu site ... More >>

Fonterra Revises FY23 Forecast Farmgate Milk Price

Monday, 3 April 2023, 9:26 am | Fonterra

Fonterra Co-operative Group Ltd today revised its 2022/23 season forecast Farmgate Milk Price range from NZ$8.20 - $8.80 per kgMS to NZ$8.00 - $8.60 per kgMS. This reduces the midpoint of the range by 20 cents from $8.50 to $8.30 per kgMS. Fonterra ... More >>

 

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.