Displaying items by tag: Fonterra

Fonterra is rejecting New Zealand First's claim that outgoing chief executive Miles Hurrell is in line for a 'golden handshake'.

Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.

Fonterra farmers will be smiling all the way to the bank next month.

Fonterra chief executive Miles Hurrell has resigned after eight years in the role.

Fonterra's 460 milk suppliers in Australia, who will switch to Lactalis end of this month, are unfazed with the impending change.

Fonterra farmer shareholders and unit holders are in line for another payment in April.

As expected, Fonterra has lifted its 2025-26 forecast farmgate milk price mid-point to $9.50/kgMS.

Fonterra farmer shareholders have approved the mechanism for a $2/share capital return expected from the sale of its global consumer and associated businesses.

Fonterra executive René Dedoncker is leaving the co-operative later this year to lead Australian agribusiness Elders.

Fonterra's plan to expand its organic programme to the South Island is being well received by farmers, the co-op says.