New Zealand Sign Language Week Highlights Inclusion at Fonterra Clandeboye
Last week marked New Zealand Sign Language Week and a South Canterbury tanker operator is sharing what it's like to be deaf in a busy Fonterra depot.
Fonterra is reporting a first quarter gross profit of $270 million, up $72m on the same period last year.
Chief executive Miles Hurrell says he is pleased with the progress the co-op has made in the first quarter- from August to October 2020. The co-op has continued to make progress on implementing its strategy.
“Despite ongoing market disruptions from COVID-19, we are continuing to build on the momentum achieved in the last financial year,” he says.
Sales volumes are in line with the same period last year, which was before the full impact of COVID-19.
“This reflects strong demand for dairy and careful management of our supply chain,’ says Hurrell.
“We’ve seen improvements right across our business, which has resulted in a 40% increase in our normalised earnings. There’s been a couple of exceptions to this – Europe, which has been impacted by higher costs, and Africa, which has been impacted by lower volumes as we have shifted product to meet strong demand across Asia.”
Fonterra’s Greater China Foodservice business has been the stand-out performer: demand for dairy in China continued to recover strongly from COVID-19.
The co-op expanded its foodservice business into another 13 cities in China, bringing the total number of cities it operates in to more than 360.
“And our teams are helping to drive demand by continuously releasing new innovative ways of using our products in local cuisine as they pursue the next big food trend in China,” says Hurrell.
Demand in the Southeast Asia (SEA) Consumer business has improved year-on-year, while the SEA Foodservice business has started to recover as COVID-19 restrictions eased in some markets.
The primary sector is leading New Zealand's economic recovery, according to economist and researcher Cameron Bagrie.
Dairy industry leader Jim van der Poel didn't make much of the invitation he received to the recent New Zealand Dairy Industry Awards in Rotorua.
Farmers around the country are going public big time, demanding their local district, city and regional councils come up with amalgamation plans that meet the needs of rural communities and don't allow urban councils to dominate.
The battle for the rural vote is on and parties are securing high profile names to try and bolster their chances at the general election.
Horticulture New Zealand says proposed changes to the Plant Variety Rights Act 2022 will drive innovation, investment and long-term productivity.
More than 1200 exhibitors will showcase their products and services at next month’s National Fieldays, with sites nearly sold out.
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