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Finance

Fonterra announces climate plans for the future

Fonterra has taken a significant step towards achieving its climate ambitions today with the announcement of an on-farm emissions reduction target, and release of a Climate Roadmap and voluntary Climate-related Disclosure report.

November 09, 2023

Finance

Fonterra and Nestlé complete sale of DPA Brazil

Fonterra Co-operative Group Ltd can today confirm that the sale of Fonterra and Nestlé’s Dairy Partners Americas (DPA) Brazil joint venture* (JV) to French dairy company Lactalis is complete.

November 01, 2023

Finance

Fonterra CFO Neil Beaumont to leave Co-op 

Fonterra has today announced that Chief Financial Officer Neil Beaumont is leaving the Co-operative.

October 31, 2023

Finance

Fonterra Revises FY24 Forecast Farmgate Milk Price 

Add Fonterra Co-operative Group Ltd today raised the 2023/24 season forecast Farmgate Milk Price range to $6.50 - $8.00 per kgMS, with a new midpoint of $7.25 per kgMS, up 50 cents.

October 09, 2023

Finance

Fonterra announces FY23 Annual Results, strong full year dividend

Fonterra today announced its results for the financial year ending 31 July 2023, with full year reported earnings of 95 cents per share, reported profit after tax of $1.6 billion and a final 2022/23 season Farmgate Milk Price of $8.22 per kgMS.

September 21, 2023

Finance

Fonterra revises FY24 Forecast Farmgate Milk Price

Fonterra Co-operative Group has today reduced its 2023/24 season forecast Farmgate Milk Price range from $6.25 - $7.75 per kgMS, with a midpoint of $7.00 per kgMS, to $6.00 - $7.50 per kgMS with a midpoint of $6.75 per kgMS. 

August 18, 2023

Finance

Fonterra revises FY24 Forecast Farmgate Milk Price

Fonterra Co-operative Group Ltd today reduced its 2023/24 season forecast Farmgate Milk Price range from $7.25 - $8.75 per kgMS, with a midpoint of $8.00 per kgMS, to $6.25 - $7.75 per kgMS, with a midpoint of $7.00 per kgMS.

August 04, 2023

Finance

Fonterra increases emissions reduction ambitions

Fonterra has today announced a lift in its decarbonisation ambition with a new Scope 1&2 emissions reduction target which will be achieved by bringing forward some if its work to get out of coal.

July 20, 2023

Finance

Fonterra launches new nutrition science venture arm; announces first investment

Fonterra has today announced a new corporate ventures arm to incubate, scale and invest in ventures in the area of nutrition science.

June 09, 2023