Displaying items by tag: Fonterra

It’s official, Fonterra’s organic farmers have become the first in the country to receive a double-digit milk payout.

Fonterra is on track to meeting an interim target of achieving a 30% reduction in emissions by 2030.

Retiring Fonterra chairman John Monaghan steps down from the cooperative’s board, satisfied at leaving behind a business in good stead.

Former Primary Industries Minister and Fonterra board aspirant Nathan Guy believes his relationships with bureaucrats in Wellington will help the co-op’s farmers immensely.

Fonterra shrugged off the effects of COVID-19 in many markets to record a $67 million rise in normalised earnings before income tax (EBIT).

Fonterra says 2019-20 proved to be a year of two halves.

Fonterra chief executive Miles Hurrell says 2019/20 was a good year for the co-op, with profit up, debt down and a strong milk price.

Fonterra is continuing a roll out of its new milk vat monitoring systems.

Fonterra says it is taking a new approach to how it provides nutrition to communities, to better reach those most in need across New Zealand.

Fonterra's manufacturing sites work to turn Fonterra farmers’ milk into products that end up in over 140 countries.