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.
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 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.
Strong profit and dividend for FY24 interim results
Fonterra Co-operative Group Ltd today released its FY24 interim results which show a continuation of strong earnings performance.
Fonterra announces climate plans for the future
Fonterra has taken a significant step towards achieving its climate ambitions today with the announcement of an on-farm emissions reduction target, and release of a Climate Roadmap and voluntary Climate-related Disclosure report.
Fonterra and Nestlé complete sale of DPA Brazil
Fonterra Co-operative Group Ltd can today confirm that the sale of Fonterra and Nestlé’s Dairy Partners Americas (DPA) Brazil joint venture* (JV) to French dairy company Lactalis is complete.
Fonterra CFO Neil Beaumont to leave Co-op
Fonterra has today announced that Chief Financial Officer Neil Beaumont is leaving the Co-operative.