Fonterra Archives - Inside FMCG
Caltex takes top spot in list of Australian manufacturers
Lion and CUB both slipped back in the rankings based on company revenue.
Aussie milk declines at Fonterra
Demand for infant formula and skim milk powder from Australia also dropped over the last 12 months.
Fonterra spends NZ$30m to gain control of Chilean milk processor
The purchase is part of the dairy giant’s plans to streamline operations in the country.
Fonterra raises forecast milk price
Fonterra chief executive Miles Hurrell said there are positive signals for milk price but warned that a lot can change.
Fonterra welcomes Mercury NZ boss to new role of chief operating officer
Fraser Whineray will join as chief operating officer in early 2020.
Fonterra posts NZ$557m loss, cuts Australian milk supply
Fonterra is scaling back how much milk it sources from Australian farmers.
Fonterra offloads stake in DFE Pharma for NZ$633m to reduce debt
The sale brings Fonterra’s debt reduction efforts to over NZ$1 billion.
Fonterra delays financial results for another week
The struggling dairy co-operative announced a number of asset write downs and one-off accounting adjustments last month.
