Not Out of the Woods Yet
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
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: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.