Commissioned Research & Analysis
In accordance with section 109LA of the Dairy Industry Restructuring Act (DIRA) 2001, we have commissioned Northington Partners to provide independent financial markets research and analysis about our performance.
Northington Partners’ first research and analysis report will be in respect of Fonterra’s 2023 Annual Results, and will be accessible here, once completed, following release of those results.
Other Research & Analysis
Under section 109LB of DIRA, we must maintain a list of financial markets research and analysis about our performance.
See below for a list of research analysts that cover Fonterra, with information about how you can access their recent financial markets research and analysis relating to our performance.
Fonterra has not been involved in the preparation of any of these reports.
Craigs Investment Partners
For access, contact research.institutional@craigsip.com (Craigs access terms and fees may apply)
Whey to go – 31 May 2023
Creaming it – 17 March 2023
Good momentum – 8 December 2022
Extra cheddar – 13 September 2022
Billion dollar question - 22 September 2022
A mix of firm and soft – 17 March 2022
Home Economics - 26 September 2021
Clouds ahead – 26 May 2021
From full cream to skim milk – 17 March 2021
Forsyth Barr
For access, contact Forsyth Barr via this link: https://www.forsythbarr.co.nz/ (Forsyth Barr access terms and fees may apply)
Q3 Business Update – Another FY23 Earnings Upgrade – 25 May 2023
Milking It – 17 March 2023
Another FY23 Earnings Upgrade – 7 December 2022
FY22 Result — Green Pastures – 23 September 2022
Streams Returning – 12 September 2022
1H22 Result — Edging Forward – 18 March 2022
Greener Pastures – 24 September 2021
1H21 Result — Bitter Sweet – 18 March 2021
Jarden
For access, contact Jarden via this link: https://www.jarden.co.nz/contact-us#contact (Jarden access terms and fees may apply)
Continuing to cream it in FY23 – 25 May 2023
Streaming Along – 17 March 2023
Progressing Chile and capital structure changes positive for 2023 – 25 November 2022
Australia retained – 22 September 2022
FY23 gets a protein kicker - 9 September 2022
Solid result against challenging backdrop – 17 March 2022
Solid 1Q22 given near record input costs - 3 Dec 2021
Macquarie
For access, contact eqgmagres@macquarie.com (Macquarie access terms and fees may apply)
Larger ’23 guide increase hidden in one-offs – 17 March 2023
Strong flow of stream returns – 8 December 2022
Soprole sale agreement reached – 18 November 2022
Track to 2030 targets by no means linear – 23 September 2022
High input costs to continue in FY23 – 26 May 2022
Price relativities offset C&FS margin squeeze - 17 March 2022
Milk price up, top end of EPS down - 3 December 2021
Taking unitholders along for the ride – 24 September 2021
UBS
For access, contact UBS via this link: https://www.ubs.com/nz/en.html (UBS access terms and fees may apply)