Fonterra hikes 2024 earnings, milk price outlook on strong demand
* On track for a strong interim dividend * Reports higher margins in 3 main sales channels * Quarterly profit after tax up...
Source: marketscreener.com
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NZ dairy giant Fonterra eyes massive cost cuts | Borneo Bulletin Online
WELLINGTON (AFP) – New Zealand farming giant Fonterra said yesterday that it plans to slash around USD598 million in costs over the next seven years following a fall in global dairy prices. Chief Executive Miles Hurrell foreshadowed future job cuts, saying the “focus on efficiencies will have implications for staff numbers”. But he gave no […]
Source: borneobulletin.com.bn
Fonterra is upgrading its earning guidance -- but lowering its Forecast Farmgate Milk Price range - 08-Dec-2022
Fonterra is upgrading its earning guidance -- but lowering its Forecast Farmgate Milk Price range
Source: nzcity.co.nz
NZ's Fonterra expects to pay farmers higher prices for milk in 2022/23
(Reuters) - New Zealand's Fonterra said on Thursday it expects to pay a higher price to farmers for milk supply next year due to a jump in dairy demand
Source: shorenewsnetwork.com
Fonterra expects to raise farmer milk prices in 2022/23
The company expects to pay between NZ$8.75 and NZ$10.25
Source: thecattlesite.com