and Fonterra’s Living Water partnership is helping protect two of the world’s
most significant wetlands, through a major initiative that brings together farmers, scientists,
councils, mana whenua and communities.
night, Beingmate Baby & Child Food Co Ltd (Beingmate) issued a forecast
earnings downgrade for its financial year ended 31 December 2017, revising the
previously announced forecast loss of RMB 350 million – RMB 500 million to a
forecast loss of RMB 800 million – RMB 1 billion (NZ$171 – NZ$214
Co-operative Group Limited today reduced its forecast Farmgate Milk Price for
the 2017/18 season from $6.75 to $6.40 per kgMS and updated the market on its financial
results for the first three months of the 2018 financial year.
The tribunal in the arbitration
with Danone on claims arising out of Fonterra’s WPC80 precautionary recall in
August 2013 has issued its award. The tribunal has determined that Fonterra
must pay a total of NZD $183 million (€105 million) in recall costs suffered by