Is New Zealand’s favourite ice cream brand about to change hands?
Fonterra chief executive Miles Hurrell says there are a lot of things happening in the co-op that don’t get mentioned.
New Zealand dairy farmers are producing more milk, causing downward pressure on global dairy prices.
Fonterra chairman John Monaghan says farmers are backing a performance review of all co-op investments.
Fonterra chairman John Monaghan says Fonterra is looking forward to working with the Coalition Government on the review of dairy industry regulations.
Fonterra chief executive Miles Hurrell says a clear plan is in place to lift the co-op’s performance.
A billion-dollar drop in Fonterra’s fortunes leaves the co-op vulnerable to increasing competition, says Federated Farmers Dairy president Chris Lewis.
Fonterra’s disastrous financial result is trending on social media today, with former chief executive Theo Spierings' pay a focal point.