Media Releases

Dairy co-operative Fonterra has announced plans to make it easier for more dairy farmers to get into their own farms, and to grow with the Co-op, by extending its MyMilk initiative to the North Island.

Fonterra acknowledges the outcome of the Government’s review into the Dairy Industry Restructuring Act (DIRA). The proposed changes announced by the Government will bring some improvements to the sector, but it also represents a missed opportunity to better support New Zealand.

Fonterra Co-operative Group Limited today gave an update on its strategy review and shared timeframes for turning around the Co-op’s performance.

In line with key themes emerging from its new strategy, Fonterra today announced details of its new approach to sustainability on farm.

Fonterra Co-operative Group Limited today announced its 2019 Interim Results which show the Co-op has returned to profitability with a Net Profit After Tax (NPAT) of $80 million, but normalised Earnings Before Interest and Tax (EBIT) are down 29% on the same period last year to $323 million.