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Wednesday, November 13, 2024
Fonterra lifts FY2025 forecast Farmgate Milk Price
Fonterra Co-operative Group Ltd on November 11 raised the midpoint of the 2024/25 season forecast Farmgate Milk Price from $9.00 per kgMS to $9.50 per kgMS.
Wednesday, November 13, 2024
Fonterra to proceed with sale process for Consumer businesses
Fonterra Co-operative Group Ltd on November 11 provided an update on its work to explore potential divestment options for its global Consumer business, as well as integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
Friday, October 4, 2024
Fonterra's revised strategy to grow end-to-end value
Fonterra Co-operative Group Ltd has on September 30 released its revised strategy, which will see the co-op deepen its focus on its high-performing Ingredients and Foodservice businesses to grow value for farmer shareholders and unit holder ...
Friday, September 27, 2024
Fonterra announces lift in Farmgate Milk Price, FY2025 earnings guidance
Fonterra Co-operative Group Ltd on September 25 announced a 50 cent lift in its 2024/25 forecast Farmgate Milk Price midpoint to $9.00 per kgMS and FY2025 earnings guidance of 40-60 cents per share.
Friday, September 27, 2024
Fonterra allocates $150 million for new cool store at Taranaki, New Zealand site
Fonterra on September 18 announced a further investment in its operations with around $150 million earmarked for a new cool store at its Whareroa site in Taranaki, New Zealand.
Wednesday, September 4, 2024
New UHT cream plant for Fonterra's Southland, New Zealand site to create 70 new jobs
Fonterra is set to invest $150 million to build a new UHT cream plant at its Edendale site in Southland, New Zealand, to meet growing demand through its Foodservice business.
Monday, June 24, 2024
Fonterra announces executive team changes
Fonterra Co-operative Group Ltd on June 20 announced the internal appointment of two new management team members to help lead the dairy cooperative's step-change in strategic direction
Friday, June 21, 2024
Fonterra to open new application centre in Wuhan, China
Fonterra announced it will open its sixth application centre in China to meet growing demand as two sites at the heart of the dairy cooperative's Foodservice business celebrate their 10th anniversaries.
Monday, May 20, 2024
Fonterra's Global Markets CEO to leave
Fonterra Co-operative Group Ltd announced on May 16 that its Global Markets chief executive officer, Judith Swales, has decided to leave the dairy cooperative.
Monday, May 20, 2024
Fonterra announces step-change in strategic direction
Fonterra Co-operative Group Ltd announced on May 16 a step-change in its strategic direction, as it commits to deepening its position as a world-leading provider of high-value, innovative dairy ingredients.
Monday, May 13, 2024
Fonterra appoints permanent CFO
Fonterra Co-operative Group Ltd announced on May 9 the appointment of Andrew Murray to the role of chief financial officer.
Tuesday, April 23, 2024
Fonterra appoints permanent COO
Fonterra announced on April 19 the permanent appointment of Anna Palairet as the dairy cooperative's chief operating officer.
Friday, April 19, 2024
Fonterra to close palnts at sites in Waikato, New Zealand
Fonterra has revealed its decision to shutter several plants at two of its Waikato, New Zealand sites, impacting a total of 41 jobs.
Monday, March 4, 2024
Fonterra's NZMP launches tool to allow access to emissions profile of products
Fonterra's ingredients and solutions brand, NZMP, has launched a tool to help customers access the emissions profile of individual New Zealand NZMP products.
Tuesday, February 13, 2024
Fonterra increases FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd has increased its 2023/24 season forecast Farmgate Milk Price on February 12, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS.
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