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Fonterra

Fonterra Archives

Fonterra adds Sweet Cinammon flavour to Mainland spreadable butter range

Fonterra adds Sweet Cinnamon flavour to Mainland spreadable butter range

Caroline Stedman, senior brand manager for Mainland – Fonterra Oceania, said the consumers were looking for "something e...

Fonterra’s third-quarter profit plunges 27 per cent

Earnings before interest and taxes fell 6 per cent to NZ$1.44 billion.

What’s behind Fonterra’s decision to sell its consumer brands?

Fonterra now hopes to use the sale of its consumer brands to invest in the business-to-business side of the company.

Fonterra considers divesting Australian, Sri Lankan businesses

Fonterra global markets CEO Judith Swales will leave the cooperative, effective July 1.

Fonterra permanently appoints Anna Palairet as COO

Palairet succeeds Fraser Whineray who left the cooperative last July.

Fonterra’s first-half revenue down, but earnings rise

Revenue declined 15 per cent to $11.26 billion.

Fonterra to merge Australian and New Zealand businesses

The move will take effect on May 1, with Rene Dedoncker to lead the new entity. 

Fonterra reports increased Q3 profit, commits to strong dividend

The co-op's net profit for Q3 2023 increased to $1.326 billion, or 81 cents per share, $854 million more than last year....

Fonterra profits increase despite volatile market conditions

Dispute ongoing market challenges, Fonterra CEO Miles Hurrell says the co-op is “performing well”.
Fonterra bans its milk suppliers from kililng bobby calves

Fonterra bans its milk suppliers from killing bobby calves

Under the new terms, the co-operative told farmers that from the middle of this year, all bobby calves should be given a...

Fonterra reports strong sales, eyes higher earnings

The company attributed its strong earnings growth to the performance of its protein portfolio, particularly in medical n...
Fonterra x Nestlé to develop New Zealand’s first net-zero dairy farm

Fonterra, Nestle to develop New Zealand’s first net-zero dairy farm

Fonterra CEO Miles Hurrell says the partnership will help both companies accelerate progress towards their greenhouse ga...

Fonterra sells Chile business Soprole for US$649.7 million

Divestment part of a program to offload overseas assets that do not rely on New Zealand milk or expertise.

Fonterra to retain Australia business, shares long-term strategies

Kiwi dairy powerhouse to return an estimated $1 billion to shareholders and unit holders after divestments.

Fonterra’s Perfect Day: dairy giant wins patent dispute

Perfect Day can still appeal the decision, but chances look slim.

Boring Milk, Fonterra top winners list in Foodstuffs supplier awards

Mary Devine, CEO of Foodstuffs South Island, said that – as one of the judges – she had been “blown away” by the quality...

Fonterra takes first step into non-dairy products

It has launched a startup with Dutch multinational Royal DSM that seeks to commercialise fermentation-derived proteins w...

NZ’s Fonterra ends India partnership with Future after Covid disruptions

Future said there would be no material impact on it following the termination.

Australian dairy industry commits to sustainable packaging by 2025

“This roadmap clearly lays out the path the dairy industry needs to take in the coming years to achieve the 2025 targets...

Fonterra sells stakes in two Chinese farms

Fonterra, which owns 51 per cent of the two farms, said the sale is not subject to any regulatory approvals and is uncon...