Displaying items by tag: Fonterra

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.

Fonterra has confirmed the appointment of Teh-han Chow as chief executive officer, Greater China.

After a buoyant month, dairy prices have fallen on the back of renewed concerns around a resurging Covid-19.

Fonterra says a revamped Dairy Industry Restructuring Act (DIRA) creates “a more level playing field”.

Parliament has removed the open entry and exit provisions of the Dairy Industry Restructuring Amendment Bill (DIRA).