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Fonterra Co-operative Group Ltd - Latest News [Page 1]
Fonterra’s Revised Strategy To Grow End-to-end Value
Monday, 30 September 2024, 9:23 am | Fonterra Co-operative Group Ltd
This follows a strategic review that confirmed the Co-op’s strengths as a B2B dairy nutrition provider, resulting in Fonterra’s decision to explore divestment options for its global Consumer businesses. More >>
Fonterra FY25 Forecast Farmgate Milk Price Strengthens, FY24 Earnings Guidance Updated
Friday, 23 August 2024, 8:57 am | Fonterra Co-operative Group Ltd
Fonterra Co-operative Group Ltd has announced a 50 cent increase in the forecast Farmgate Milk Price midpoint for 2024/25 season, alongside an uplift to the FY25 Advance Rate Schedule, and advised its FY24 earnings are forecast to be at the top ... More >>
Fonterra Announces FY25 Farmgate Milk Price And Lift In FY24 Earnings Guidance
Wednesday, 29 May 2024, 9:54 am | Fonterra Co-operative Group Ltd
Continuing operations’* earnings per share: 61 cents Reported earnings per share: 58 cents Continuing operations’ profit after tax: NZ $1,013 million up $20m, or 2% Reported profit after tax: NZ $973 million down 27% with the prior period including ... More >>
Fonterra Revises Its 2021/22 Forecast Farmgate Milk Price
Monday, 9 May 2022, 12:20 pm | Fonterra Co-operative Group Ltd
Fonterra Co-operative Group Limited today revised its 2021/22 forecast Farmgate Milk Price range from $9.30 - $9.90 per kgMS to $9.10 - $9.50 per kgMS. This reduces the midpoint of the range, which farmers are paid off, from $9.60 per kgMS to $9.30 ... More >>
Fonterra Provides Update On Its Forecast Farmgate Milk Price Range And First Quarter Performance
Friday, 4 December 2020, 8:55 am | Fonterra Co-operative Group Ltd
Fonterra Co-operative Group Limited today narrowed its 2020/21 forecast Farmgate Milk Price range, reported a solid start to the 2021 financial year and reconfirmed its forecast earnings guidance. Fonterra CEO Miles Hurrell says as a result of strong ... More >>
Fonterra Provides Performance And Milk Price Updates
Thursday, 21 May 2020, 4:25 pm | Fonterra Co-operative Group Ltd
Third quarter summary Total Group Earnings Before Interest and Tax (EBIT): $1.1 billion, up from $378 million Total Group normalised EBIT: $815 million, up from $514 million Total Group normalised gross margin: $2.5 billion, up from $2.2 billion ... More >>
Fonterra Responds to the Outcome of the Govt’s DIRA Review
Thursday, 6 June 2019, 7:20 pm | Fonterra Co-operative Group Ltd
Fonterra Responds to the Outcome of the Government’s DIRA Review Fonterra acknowledges the outcome of the Government’s review into the Dairy Industry Restructuring Act (DIRA). The proposed changes announced by the Government will bring some improvements ... More >>
Interim Results support the need for fundamental change
Wednesday, 20 March 2019, 2:46 pm | Fonterra Co-operative Group Ltd
The Fonterra Shareholders’ Council supports today’s acknowledgement that fundamental change is needed to improve the performance of the Co-operative. More >>
Result announced for second 2018 Fonterra Director election
Thursday, 20 December 2018, 6:50 pm | Fonterra Co-operative Group Ltd
Result announced for the second 2018 Fonterra Director election Returning Officer Warwick Lampp, of electionz.com Ltd, has declared the final result of the second 2018 election for the election of one Director to the Fonterra Board. Shareholders ... More >>
Fonterra Announces Changes to Management Team
Friday, 14 December 2018, 1:27 pm | Fonterra Co-operative Group Ltd
Fonterra CEO Miles Hurrell has announced changes to his management team (FMT). Mike Cronin has been appointed Managing Director Co-operative Affairs and will lead this new function – which brings together the Co-op’s current Corporate Affairs and ... More >>
Fonterra Revises Forecast Farmgate Milk Price
Thursday, 6 December 2018, 9:29 am | Fonterra Co-operative Group Ltd
Fonterra Revises Forecast Farmgate Milk Price And Provides Q1 Update • Forecast Farmgate Milk Price range: $6.00 - $6.30 per kgMS • Forecast earnings per share range: 25-35 cents • Forecast New Zealand milk collections: 1,550 million kgMS, ... More >>
Fonterra Announces Resignation of Lukas Paravicini
Tuesday, 27 November 2018, 7:21 pm | Fonterra Co-operative Group Ltd
Fonterra Announces Resignation of Lukas Paravicini, COO Global Consumer & Foodservice Today Fonterra announces that Lukas Paravicini, the Chief Operating Officer of its Consumer & Foodservice business, has resigned. Lukas is set to leave the Co-operative ... More >>
From Plastic To Posts
Sunday, 11 November 2018, 1:02 pm | Fonterra Co-operative Group Ltd
Anchor™ Light Proof™ milk bottles will soon be appearing on farms across New Zealand, but you won’t find them in the fridge. Fonterra has teamed up with Kiwi-owned start up, Future Post™, to turn milk bottles and other soft plastics into fence ... More >>
Fonterra Dairy Woman of the Year 2019 nominations
Tuesday, 6 November 2018, 1:49 pm | Fonterra Co-operative Group Ltd
Fonterra Dairy Woman of the Year 2019 nominations now open As Dairy Women’s Network nears the end of its 20th anniversary, it’s launching into its next celebration by announcing the opening of nominations for the 2019 Fonterra Dairy Woman of the ... More >>
Sustainability Experts Join Fonterra’s New Advisory Panel
Monday, 8 October 2018, 1:10 pm | Fonterra Co-operative Group Ltd
Sustainability Experts Join Fonterra’s New Advisory Panel Fonterra has appointed an independent Sustainability Advisory Panel to guide the Co-operative as it strives to be a world leader in sustainably produced dairy nutrition. The panel features ... More >>
Fonterra Announces FY18 Annual Results And Outlook for FY19
Thursday, 13 September 2018, 11:03 am | Fonterra Co-operative Group Ltd
Fonterra Announces Fy18 Annual Results And Outlook for Fy19 • Total Cash Payout for 2017/18 season: $6.79 o Farmgate Milk Price $6.69 per kgMS o Dividend of 10 cents per share • New Zealand milk collections: 1,505 million kgMS, down 1% • Sales ... More >>
Nominations for Fonterra Shareholders’ Council
Monday, 3 September 2018, 2:33 pm | Fonterra Co-operative Group Ltd
Nominations for Fonterra Shareholders’ Council And Directors’ Remuneration Committee Open Today Nominations opened today for the 2018 Fonterra Shareholders’ Council and Directors’ Remuneration Committee Elections. Nominations close at midday on ... More >>
From Darfield to Dongguan – Fonterra Dials up Value Add
Sunday, 26 August 2018, 11:58 am | Fonterra Co-operative Group Ltd
From Darfield to Dongguan – Fonterra Dials up Value Add Fonterra’s new cream cheese plant in Canterbury has started production and is set to manufacture up to 24,000 metric tonnes of cream cheese annually, bound for China. China’s changing ... More >>
Fonterra And Future Consumer Limited JV in India
Wednesday, 8 August 2018, 8:43 pm | Fonterra Co-operative Group Ltd
Fonterra And Future Consumer Limited JV To Provide High Value Dairy Nutrition in India Fonterra has announced a joint venture partnership with one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice ... More >>
Nominations for Fonterra Board of Directors’ Election Open
Friday, 6 July 2018, 1:34 pm | Fonterra Co-operative Group Ltd
Nominations for Fonterra Board of Directors’ Election Now Open Nominations for the Fonterra Board of Directors’ Election open today, 6 July with an election to be held for three farmer-elected Directors. More >>
