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 to expand Studholme site to grow protein ingredients offering
Fonterra is set to expand its Studholme site in the South Island to create a hub for high value proteins.
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.
KickStart
Breakfast celebrates 15-year milestone
A community partnership between Fonterra, Sanitarium and the Ministry of Social Development today celebrated its 15-year anniversary at an Auckland school that has been part of KickStart Breakfast since the programme began.
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.
Global Markets CEO Judith Swales to leave Fonterra
Fonterra Co-operative Group Ltd has today announced that Global Markets CEO Judith Swales has decided to leave the Co-op.