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Fonterra - Latest News [Page 1]
Fonterra’s Momentum Delivers Strong FY25 Interim Earnings And Dividend
Thursday, 20 March 2025, 7:24 pm | Fonterra
Fonterra has reported a half year Profit after Tax of $729 million, earnings of 44 cents per share and a decision to pay an interim dividend of 22 cents per share, alongside a 2024/25 season forecast Farmgate Milk Price midpoint of $10.00 per kgMS. More >>
Fonterra Announces Changes To Management Team To Accelerate Progress On Strategy
Wednesday, 12 March 2025, 9:14 am | Fonterra
CEO Miles Hurrell says as the Co-operative moves to divest its Consumer and associated businesses, now is the time to make changes to management team roles responsible for driving end-to-end value through Fonterra’s global Foodservice and Ingredients ... More >>
Fonterra Releases Divestment Roadshow Presentation
Monday, 10 March 2025, 9:39 am | Fonterra
Fonterra CEO Miles Hurrell says the meetings are an important step in the process of testing the merits and value of an IPO, which the Co-op is exploring as a divestment option alongside a trade sale. More >>
Fonterra Lifts FY25 Earnings Guidance
Monday, 10 March 2025, 9:31 am | Fonterra
Fonterra will release its FY25 interim results on 20 March 2025 and will confirm its interim dividend on that date. The Co-op’s dividend policy is 60-80% of full year earnings, with up to 50% of the full year dividend to be paid at interims. More >>
Fonterra Provides FY25 Earnings And Milk Collections Update
Friday, 21 February 2025, 8:30 pm | Fonterra
The Co-op’s earnings momentum is driven by strong demand across our sales channels. Subject to audit, our first half accounts indicate our full year forecast earnings for FY25 will be in the upper half of the 40-60 cents per share range. More >>
Fonterra Provides Update On Consumer Divestment Process
Wednesday, 19 February 2025, 11:15 am | Fonterra
Fonterra CEO Miles Hurrell says the Co-op’s decision to pursue a divestment is grounded in an understanding of where it creates the most value for farmers today and where there’s further room for growth. More >>
Fonterra Announces New Incentives For Farmers To Reduce Emissions
Tuesday, 18 February 2025, 9:04 pm | Fonterra
Meanwhile, new incentives that benefit farmers will be funded through separate agreements with Mars and Nestlé, who have been working with Fonterra to make progress towards their individual sustainability goals by supporting farmers to reduce emissions. More >>
Fonterra Announces Electrification Plans To Future-proof Operations
Wednesday, 29 January 2025, 10:39 am | Fonterra
Investments into electric boilers at the Co-operative's Whareroa, Edgecumbe and Waitoa sites, along with further fleet decarbonisation, marks further steps in renewable energy supporting the Co-operative’s sustainability targets* while future-proofing ... More >>
Fonterra Makes Progress On Strategic Priorities In Q1
Saturday, 7 December 2024, 8:07 pm | Fonterra
“During the first quarter of the year we released our revised strategy, which sees us focusing on our high performing Ingredients and Foodservice businesses to grow returns for farmer shareholders and unit holders,” says Fonterra CEO Miles Hurrell. More >>
Fonterra To Proceed With Sale Process For Consumer Businesses
Monday, 11 November 2024, 10:43 am | Fonterra
CEO Miles Hurrell says, following a detailed scoping phase, the Co-op has decided to proceed with a sale process for these businesses. More >>
Fonterra Lifts FY25 Forecast Farmgate Milk Price
Monday, 11 November 2024, 9:28 am | Fonterra
The Co-operative also announced a narrowing of the forecast range from $8.25 - $9.75 per kgMS to $9.00 - $10.00 per kgMS. More >>
Appointment Of Independent Director To Fonterra Board
Friday, 11 October 2024, 10:21 am | Fonterra
Mr Field is based in Australia and has 30 years of experience in the mining, metals, manufacturing and logistics sectors. He is currently a Non-Executive Director of BlueScope Steel Limited and Alcoa Corporation and previously served on the board ... More >>
Fonterra Continues Momentum In FY24, Announces Special Dividend
Wednesday, 25 September 2024, 11:59 am | Fonterra
CEO Miles Hurrell says the payout reflects both Fonterra’s continued strong earnings performance and the long-term resilience of the Co-op. More >>
Fonterra Announces Lift In Farmgate Milk Price And FY25 Earnings Guidance
Wednesday, 25 September 2024, 10:33 am | Fonterra
CEO Miles Hurrell says the lift in this season’s forecast Farmgate Milk Price follows further recent strengthening in Global Dairy Trade prices and constrained milk supply in key producing regions. More >>
New Plant For Fonterra's Edendale Site, Creating 70 New Jobs
Sunday, 15 September 2024, 10:54 pm | Fonterra
Fonterra is set to invest $150 million to build a new UHT cream plant at its Edendale site in Southland to meet growing demand through its Foodservice business. More >>
Fonterra To Expand Studholme Site To Grow Protein Ingredients Offering
Sunday, 15 September 2024, 12:36 am | Fonterra
Site works at Studholme will begin next month with the first product due to come off the line in 2026. More >>
Fonterra Announces Executive Team Changes
Thursday, 20 June 2024, 5:27 pm | Fonterra
Richard Allen, Fonterra’s President Atlantic, has been appointed to the role of President Global Markets Ingredients. More >>
Fonterra Marks 10-year Milestones In China Foodservice Growth Story
Saturday, 15 June 2024, 1:46 pm | Fonterra
As two sites at the heart of Fonterra’s Foodservice business celebrate their 10th anniversaries, the Co-operative is announcing it will open its sixth application centre to meet growing demand. More >>
Fonterra Appoints Permanent COO
Friday, 19 April 2024, 8:50 am | Fonterra
Fonterra has today announced Anna Palairet has been permanently appointed into the role of Chief Operating Officer (COO). Anna has been acting in the position since June 2023. CEO Miles Hurrell says Anna has valuable expertise and a strong relationship ... More >>
Fonterra Partners With Sharesies To Offer Farmers Enhanced Share Trading
Thursday, 18 April 2024, 1:17 pm | Fonterra
“Sharesies is in the final stages of completing a tailored and exclusive space for our shareholders that’s more intuitive and accessible for managing their investment in the Co-operative. More >>
