Fonterra increases 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited today increased and narrowed its forecast Farmgate Milk Price range to NZD $7.90 - $8.90 per kgMS, from NZD $7.25 - $8.75 per kgMS.
Fonterra completes reset, announces annual results and long-term growth plan out to 2030
Annual Results Summary
- Total pay-out for 2020/21 season: $7.74 per kgMS
- Final 2020/21 Farmgate Milk Price: $7.54 per kgMS
- 2020/21 dividend: 20 cents per share, comprised of 5 cent interim dividend and 15 cent final dividend
Farmer feedback set to
shape revised capital structure proposal
With the first phase of Fonterra’s capital structure consultation now complete, the Co-op is drawing up a revised proposal that aims to reflect farmers’ views.
Fonterra sets opening 2021/22
forecast Farmgate Milk Price
and updates on business performance
Fonterra today announced an opening forecast Farmgate Milk Price range for the 2021/22 season of $7.25 - $8.75 per kgMS, with a midpoint of $8 per kgMS.
Fonterra starts consultation on capital structure
Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility.
Fonterra enters trading halt
Fonterra Co-operative Group Limited (for itself and on behalf of the Fonterra Shareholders’ Fund) has requested a trading halt this morning to their respective ordinary shares and units.
reports a positive half year result
Fonterra Co-operative Group Limited today announced its 2021 Interim Results and they show the Co-operative has had a positive first half, resulting in a Total Group normalised EBIT of $684 million, normalised Profit After Tax of $418 million and a decision to pay an interim dividend of 5 cents alongside a strong forecast Farmgate Milk Price.
Fonterra lifts its 2020/21 forecast Farmgate Milk Price range
Fonterra Co-operative Group Limited today lifted its 2020/21 forecast Farmgate Milk Price range to NZD $7.30 - $7.90 per kgMS, up from NZD $6.90 - $7.50 per kgMS.
Fonterra narrows 2021 earnings guidance
Fonterra Co-operative Group Limited today announced it has lifted the bottom end of its 2021 forecast earnings guidance and narrowed the range to 25-35 cents per share, from 20-35 cents per share.