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Friday, September 9, 2022
Fonterra lifts 2023 earnings guidance and revises milk collections
Fonterra Co-operative Group Limited announced on September 9 it has revised its 2023 forecast earnings guidance to 45-60 cents per share, up from 30-45 cents per share. It has also revised its forecast milk collections for the 2022/23 seaso ...
Thursday, August 25, 2022
Fonterra ramps up opportunities in complementary nutrition partnership
Fonterra and Royal DSM are establishing a new start-up company to accelerate the development and commercialisation of fermentation-derived proteins with dairy-like properties.
Tuesday, August 23, 2022
Fonterra announces acting CFO
Fonterra announced on August 23 that Chris Rowe will become its acting chief financial officer to replace current CFO Marc Rivers who is leaving the dairy cooperative at the end of 2022.
Monday, August 1, 2022
Fonterra to close milk powder plant in South Island, New Zealand
Fonterra has announced on August 1 it will be closing a milk powder plant at its site in Brightwater, South Island, New Zealand.
Tuesday, July 26, 2022
Fonterra appoints new managing director of strategy and optimisation
Fonterra has appointed Emma Parsons as its managing director of strategy and optimisation, effective from August 1, 2022.
Monday, July 18, 2022
Fonterra welcomes Milk-E, New Zealand's first electric milk tanker
New Zealand's first electric milk tanker, Milk-E, has been officially launched by the country's Minister for Energy and Resources, Dr. Megan Woods, in Morrinsville.
Friday, July 15, 2022
Fonterra director to retire from board
Long serving Fonterra director Donna Smit has confirmed she will retire from the Fonterra Board when her current three-year term ends at the cooperative's annual meeting on November 10.
Thursday, June 30, 2022
Fonterra, NZX and EEX confirm GDT strategic partnership
Fonterra confirmed on June 30 the finalisation of the strategic partnership with New Zealand's Exchange (NZX) and the European Energy Exchange (EEX) to each take ownership stakes in Global Dairy Trade (GDT) alongside the dairy cooperative.
Wednesday, June 8, 2022
Fonterra announces share buyback programme
Fonterra Co-operative Group Limited (Fonterra) said that it will allocate up to $50 million to an on-market share buyback programme that will commence on June 30, 2022.
Thursday, June 2, 2022
Fonterra provides update on business performance
Fonterra provided an update on its third-quarter performance late last month.
Monday, May 9, 2022
Fonterra revises 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited revisedon May 9 its 2021/22 forecast Farmgate Milk Price range from $9.30-9.90 per kgMS to $9.10-9.50 per kgMS.
Wednesday, May 4, 2022
Fonterra expands seaweed trial
Fonterra has expanded on-farm trials of methane reducing Asparagopsis seaweed, as part of its commitment to helping solve the methane challenge.
Monday, March 21, 2022
Fonterra's CFO to leave cooperative
Fonterra announced that its chief financial officer, Marc Rivers, will be leaving the cooperative at the end of 2022 following its annual meeting.
Monday, March 21, 2022
Fonterra to exit Russian businesses
Fonterra announced on March 21 that it will exit its businesses in Russia.
Tuesday, January 25, 2022
Fonterra lifts forecast for Farmgate Milk Price range
Fonterra Co-operative Group lifted on January 25 its 2021/22 forecast Farmgate Milk Price range to NZ$8.90-9.50 (US$5.94-6.34) per kgMS, up from NZ$8.40-9.00 (US$5.61-6.01) per kgMS.
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