Displaying items by tag: LEON CLEMENT

OPINION: This old mutt wonders what it is about tall, balding, ex-Fonterra executives and their (non) ability to handle life once they leave the safety of the big dairy co-op.

Dairy industry darling Synlait has hit troubled waters lately and its latest captain is baling out.

Canterbury milk processor Synlait has reduced its 2019-20 forecast base milk price by 20c to $7.05/kgMS.

The coronavirus outbreak contributed to Synlait’s decision to issue a wider earnings guidance range.

Synlait suppliers received, on average, $6.58/kgMS for their milk last season.

Canterbury milk processor Synlait reports “a solid result” in its half-year profit announcement, albeit down 9.6% on the same period last year.

Strong milk production in New Zealand is putting downward pressure on global dairy prices.

Independent milk processor Synlait has signed up its first Waikato dairy farmers.

Alternatives to milk are not necessarily better or cleaner than dairy, says Leon Clement, the new chief executive of Synlait Milk.

Synlait's final average total milk price for FY18 has been announced as $6.78/kgMS.