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Full Steam Ahead for Fonterra Waitoa

Fonterra’s Waitoa manufacturing site is now using around 50 percent less coal as its new wood biomass boiler swings into action. Waitoa is the…

Fonterra Updates Farmgate Milk Price

Miles Hurrell has shared that Fonterra’s revised Farmgate Milk Price reflected both supply and demand dynamics. Fonterra Co-operative Group Ltd has raised the 2023…

Fonterra’s New Acting Chief Operating Officer

Fonterra has today announced Anna Palairet as acting Chief Operating Officer (COO) to replace current COO Fraser Whineray, who is leaving the Co-op next…

Fonterra Upgrades Earning Guidance

Fonterra Co-operative Group Ltd has upgraded its earnings guidance to 50 – 70 cents per share from 45 – 60 cents per share and…

Fonterra Appoints Chief Financial Officer

Fonterra Co-operative Group has announced the appointment of Neil Beaumont to the role of Chief Financial Officer, effective early February 2023. Beaumont is an…

New Sustainable Finance Framework from Fonterra

As part of Fonterra’s commitment to sustainability and implementation of its strategy, the Co-operative has released its Sustainable Finance Framework (Framework). This Framework aligns Fonterra’s funding strategy with…

Fonterra Lifts 2023 Earnings Guidance and Revises Milk Collections

Fonterra Co-operative Group Limited has announced it has revised its 2023 forecast earnings guidance to 45 to 60 cents per share, up from 30…

Fonterra Launches New Wellbeing Brand

Tapping into the growing wellbeing market as it chases higher value products for New Zealand milk, Fonterra is launching a new brand. Nutiani brand…

First Step into Non-Dairy Products for Fonterra

Investing in a start-up company developing non-dairy proteins using precision fermentation, Fonterra has taken its first step into non-dairy products. In a process like…