Displaying items by tag: Fonterra

Fonterra has unveiled a net profit of $263 million for the first quarter of its 2024-25 financial year.

Fonterra farmers are in line for a record milk price of $10/kgMS this season.

At Fonterra's recent annual meeting in New Plymouth, chair Peter McBride spoke on the co-op's changing global operating context and how to manage risk. Here's some of what he said.

OPINION: What a difference a year can make.

Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.

"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."

OPINION: Greenpeace tried its best to disrupt Fonterra’s annual meeting at a hotel in New Plymouth earlier this month, but they were outflanked by a formidable team of Fonterra staff, security officers and Taranaki police.

Departing Fonterra director Leonie Guiney is urging the next generation of co-operative farmers to step up and be there to lead in future.

A net zero pilot dairy farm, set up in Taranaki two years ago to help reduce on-farm emissions, is showing promising results.

Fonterra leaders are making their case for offloading the co-operative's $3 billion consumer business, noting that its return on capital has been nowhere near respectable.