Fonterra vote
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
FONTERRA HOPES to be collecting 30 billion litres of milk worldwide by 2025, says chief executive Theo Spierings.
Fonterra chief executive Theo Spierings says the co-op is investing $750 million to lift processing capability over the peak processing months.
FONTERRA HAS reduced its forecast farmgate milk price for the 2014/15 season from $7 to $6/kgMS and announced an estimated dividend range of 20-25 cents per share
FONTERRA IS "very confident" with its legal position in the Danone case and has budgeted just $11 million, says Lukas Paravicini, chief financial officer.
FONTERRA PLANS to spent up to an extra $500 million to increase capacity through its plants, with emerging market demand growing faster than expected, says chief executive Theo Spierings.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.