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.
New plant for Fonterra's Edendale site, creating 70 new jobs
Fonterra is set to invest $150 million to build a new UHT cream plant at its Edendale site in Southland to meet growing demand through its Foodservice business.
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 marks 10-year milestones in China Foodservice growth story
As two sites at the heart of Fonterra’s Foodservice business celebrate their 10th anniversaries, the Co-operative is announcing it will open its sixth application centre to meet growing demand.
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.
