Fonterra trials world first in sustainable electricity storage
A new organic, low-cost, safe, sustainable and long-life battery being trialled by Fonterra, could support greater energy security and distributed electricity generation for New Zealand.
Fonterra Announces FY22 Annual Results
Fonterra today announced a strong set of results for the financial year ending 31 July 2022, reflecting a 2021/22 Farmgate Milk Price of NZ$9.30 per kgMS and normalised profit after tax of NZ$591 million.
Fonterra lifts 2023 earnings guidance and revises milk collections
Fonterra Co-operative Group Limited today announced it has revised its 2023 forecast earnings guidance to 45 to 60 cents per share, up from 30 to 45 cents per share.
Fonterra launches wellbeing nutrition solutions brand
Fonterra is taking another step in implementing its strategy to be a leader in nutrition science and innovation with the launch of a new wellbeing solution brand, Nutiani.
Fonterra provides milk price update
Fonterra today revised its 2022/23 forecast Farmgate Milk Price range from NZ$8.75-$10.25 per kgMS to NZ$8.50-$10.00 per kgMS.
Fonterra ramps up opportunities in complementary nutrition partnership
Fonterra and Royal DSM, a global purpose-led science-based leader in health and nutrition, are establishing a new start-up company to accelerate the development and commercialisation of fermentation-derived proteins with dairy-like properties.
Acting CFO Announced
Fonterra today announced that Chris Rowe will become its Acting Chief Financial Officer (CFO) to replace current CFO Marc Rivers who is leaving the Co-op at the end of 2022.
Fonterra provides update to FY22 earnings guidance
Fonterra has today provided an update to its earnings guidance for the 2022 financial year that ended on 31 July 2022, indicating that it will be towards the top end of its current guidance of 25 – 35 cents per share.
Fonterra appoints new Managing Director Strategy and Optimisation
Fonterra is pleased to appoint Emma Parsons as its Managing Director Strategy and Optimisation, effective from 1st August 2022.