Friday, July 1, 2022

Fonterra


Fonterra lifts forecast on weak supply and strong US dollar

Fonterra lifts forecast on weak supply and strong US dollar

ByStaff reporterJun 23, 2022
Fonterra has lifted the midpoint range of its forecast for the 2022-23 season by 50 cents from $9 to $9.50/kg milk solids. This has altered its forecast range to NZ$8.75-$10.25/kg MS, up from NZ$8.25-$9.75/kg MS. The lift in the forecast…

Active living unit drives profits for Fonterra

ByHugh StringlemanJun 20, 2022
Fonterra’s active living unit in the NZMP division is one of the value-add businesses that will deliver on the company’s long-term strategy of growing operating profit by 40-50% by 2030.…

Fonterra to boost share liquidity and price

ByHugh StringlemanJun 8, 2022
Fonterra will soon begin an on-market share buyback programme to help boost what it sees as an undervalued share price presently. It has allocated $50 million from capital in addition…

Fonterra’s falling share price gives concern

ByHugh StringlemanMay 31, 2022
Fonterra has brought forward support for liquidity in the Fonterra Shareholders’ Market (FSM) for supply shares while it waits for the Government to approve the Flexible Shareholding capital restructure. In…


Fonterra’s Q3 delivers despite disruption

Fonterra’s Q3 delivers despite disruption

ByHugh StringlemanMay 27, 2022
Fonterra is bringing the 2022 season to a close with good financial results despite dealing with multiple disruptive events across…
Record opening forecast for new dairy season

Record opening forecast for new dairy season

ByGerald PiddockMay 26, 2022
Continued demand combined with constrained supply has prompted Fonterra to set an opening forecast of $8.25-$9.75/kg milk solids for the…
Fonterra’s new capital structure gets closer

Fonterra’s new capital structure gets closer

ByKeith WoodfordMay 6, 2022
The Government has been wrestling for many months as to how to respond to Fonterra’s proposed new capital structure, which…
Fonterra grappling with delays in China

Fonterra grappling with delays in China

ByBusinessDeskApr 29, 2022
Shanghai is home to more than 25 million people and houses the world’s largest port. The city has been locked…
Fonterra gains go-ahead for DIRA changes

Fonterra gains go-ahead for DIRA changes

ByHugh StringlemanApr 27, 2022
Agriculture Minister Damien O’Connor has made a pragmatic announcement of proposed amendments to the DIRA, followed by industry consultation during…
Fonterra’s plan has major flaws

Fonterra’s plan has major flaws

ByHugh StringlemanApr 20, 2022
Consultants Castalia say Fonterra’s capital and share restructure could lead to a farmers-only share market overwhelmed with dry shares trading…
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