Fonterra ingredients brand launches game changing tool
In an industry first, Fonterra’s ingredients and solutions brand, NZMP, has launched a tool to help customers access the emissions profile of individual New Zealand NZMP products.
Fonterra reaffirms forecast Farmgate Milk Price and earnings guidance, and revises milk collections
Fonterra Co-operative has reaffirmed its forecast Farmgate Milk Price range at $7.00-7.60 per kgMS and its forecast full-year underlying earnings guidance of 15-25 cents per share.
Fonterra completes sale of DFE Pharma
Fonterra today announces that it has completed the sale of its 50% share of DFE Pharma to CVC Strategic Opportunities II.
2019 Sustainability Report shows Fonterra picking up the pace
Co-firing biomass to reduce coal, lifting the number of New Zealand products with Health Star ratings and launching an emissions profile for every farm headline Fonterra’s 2019 Sustainability Report.
Fonterra announces resignation of Deborah Capill - Managing Director, People & Culture
Today Fonterra announces that Deborah Capill, Managing Director – People & Culture has resigned. Deborah is set to leave the Co-operative in February 2020 to pursue a change in career.
Fonterra achieves $1 billion available for debt reduction
Fonterra today agreed the sale of its 50% share of DFE Pharma for $633 million (NZD). The cash from this sale, along with proceeds from our other asset sales across the year – which includes the significant contribution from Tip Top – will give us over $1 billion available for debt reduction.
Fonterra confirms annual results reporting date
Fonterra advises the new date for reporting its audited financial results for the financial year ended 31 July 2019 (FY19) will be 26 September 2019.
Fonterra provides update on earnings, dividend, and one-off accounting adjustments
Fonterra Co-operative Group Limited today reconfirmed its underlying earnings guidance for the 2019 financial year that ended on 31 July 2019 (FY19), announced a final decision on its full-year dividend for FY19, and provided further information on some significant adverse one-off items.
No new coal boilers for Fonterra
Fonterra is shaving eleven years off its coal target, as it announces a new commitment to reduce its reliance on coal.
