Fonterra provides milk price, performance, and strategy update
2022/23 forecast Farmgate Milk Price range lifted 50 cents to NZ$8.75-$10.25 per kgMS.
Fonterra announces share buyback programme
Fonterra Co-operative Group Limited (Fonterra) advises that it will allocate up to $50m to an on-market share buyback programme commencing 30 June 2022.
Fonterra revises its 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited today revised its 2021/22 forecast Farmgate Milk Price range from $9.30 - $9.90 per kgMS to $9.10 - $9.50 per kgMS.
Fonterra to exit Russian businesses
Fonterra has today announced it will exit its businesses in Russia. This follows the Co-op’s decision to suspend shipments of product to Russia at the end of February.
Fonterra’s CFO Marc Rivers to leave the Co-op
Fonterra today announced that its Chief Financial Officer (CFO) Marc Rivers will be leaving the Co-op at the end of 2022 following its Annual Meeting.
Fonterra
reports its Interim Results
Fonterra Co-operative Group Limited today announced its 2022 Interim Results which show the Co-op has delivered a half year Profit After Tax of NZ$364 million.
Fonterra winds down India JV
Fonterra and Future Consumer Limited have agreed to wind down their 50:50 India joint venture - Fonterra Future Dairy.
Fonterra lifts forecast Farmgate Milk
Price and maintains earning guidance range
Fonterra Co-operative Limited today lifted its 2021/22 forecast Farmgate Milk Price range to NZ$9.30 - $9.90 per kgMS, up from NZ$8.90 - $9.50 per kgMS.
Fonterra,
NZX and EEX enter GDT partnership for future growth
Fonterra has agreed a strategic partnership with New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX) to each take ownership stakes in Global Dairy Trade (GDT) alongside the Co-op.
