Displaying items by tag: Fonterra

Fonterra’s Anchor Uno now contains the lowest levels of sugar (per 100 grams) in any kids’ yoghurt brand in New Zealand, with 40% less sugar than the original Uno formulation.

One week out from an important vote for New Zealand’s biggest company, Fonterra Chairman John Wilson is urging farmers to back changes to the cooperative’s governance and representation.

Fonterra chairman John Wilson is confident farmers will next week approve changes to the co-op’s governance structure.

Fonterra has for the first time passed all its forecast milk price rise to its cash-strapped farmer suppliers.

Waikato milk processor Tatua Dairy has done it again -- topping last season’s milk payout, leaving Fonterra and other processors far behind.

Fonterra surprised observers last week by announcing an early upgrade of its milk price; the GlobalDairyTrade (GDT) price index lift of just 1.7% was lower than expected, says ASB’s senior rural economist Nathan Penny.

Fonterra is in “pole position” compared to its competitors after a tremendous transformation, says chief executive Theo Spierings.

Fonterra’s annual results announcement will increase certainty and security for dairy farmers, in what has been a positive week for the industry, say the Feds.

Fonterra has increased its after tax profit by 65% to $834 million for the year ended July 31, 2016.

Fonterra’s recording of its highest ever EBIT, which resulted in Fonterra Farmers receiving a 60% increase on the earning per share received last season, was a positive result in an otherwise challenging environment.