Fonterra’s revised strategy to grow end-to-end value
Fonterra Co-operative Group Ltd has today 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 holders.
Fonterra announces lift in Farmgate Milk Price and FY25 earnings guidance
Fonterra Co-operative Group Ltd has today announced a 50 cent lift in its 2024/25 forecast Farmgate Milk Price midpoint to $9.00 per kgMS and FY25 earnings guidance of 40-60 cents per share.
Fonterra continues momentum in FY24, announces special dividend
Fonterra Co-operative Group Ltd has today reported strong FY24 full year financial results, including a final 2023/24 season Farmgate Milk Price of $7.83 per kgMS and a total dividend of 55 cents per share.
Fonterra FY25 forecast Farmgate Milk Price strengthens, FY24 earnings guidance updated
Fonterra Co-operative Group Ltd has today announced a 50 cent increase in the forecast Farmgate Milk Price midpoint for the 2024/25 season, alongside an uplift to the FY25 Advance Rate Schedule, and advised its FY24 earnings are forecast to be at the top end of the announced range of 60-70 cents per share.
Fonterra announces executive team changes
Fonterra Co-operative Group Ltd has today announced the internal appointment of two new management team members to help lead the Co-op’s step-change in strategic direction and announced an executive team member moving into a new role.
Fonterra announces FY25 Farmgate Milk Price and lift in FY24 earnings guidance
Fonterra Co-operative Group Ltd today provided its Q3 business update, announcing profit after tax from continuing operations’* of $1,013 million, up $20 million or equivalent to 61c per share.
Fonterra announces step-change in strategic direction
Fonterra Co-operative Group Ltd has today announced 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.
Global Markets CEO Judith Swales to leave Fonterra
Fonterra Co-operative Group Ltd has today announced that Global Markets CEO Judith Swales has decided to leave the Co-op.
Strong profit and dividend for FY24 interim results
Fonterra Co-operative Group Ltd today released its FY24 interim results which show a continuation of strong earnings performance.