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Fonterra

Fonterra Archives

Fonterra flags major full-year loss

Fonterra is expecting a loss of between $NZ590 million to $NZ675 million for the full year due to " one-off adjustments.

Fonterra to gain $64m on foodspring deal with Mars

Food giant Mars will acquire a majority stake in German nutrition company foodspring.

Fonterra milk production declines in Australia

Fonterra's Australian milk production for the 12 months to April was down 6.1 per cent due to poor weather conditions an...

Fonterra labels DIRA review a “missed opportunity”

Under the new legislation Fonterra will be allowed to refuse milk supply from farmers in certain circumstances.

This week in FMCG

The top headlines this week.

Fonterra shuts century-old Victoria factory

Fonterra said the factory was not viable in a low-milk pool environment.

Fonterra sells Tip Top ice cream to international dairy giant Froneri

NZ milk business confirms sale of popular ice cream brand.

Bubs to launch grass-fed infant formula

Infant formula maker partners with dairy giant to produce first Australian made, certified organic grass-fed formula.

Caltex, Fonterra named in Australia’s Top 10 manufacturers

Lion, Coca-Cola Amatil, Nufarm and Inghams all made the top 30.

Fonterra reports NZ$80m HY profit

Dairy giant announces sale of its European operations.

Fonterra appoints Judith Swales to lead global foodservice

Swales has occupied the role in an acting capacity since earlier this year.

Miles Hurrell takes permanent CEO role at Fonterra

Hurrell demonstrated impressive leadership and commercial skills in his six months as interim chief.

Fonterra takes stake in US alternative ingredients business

The dairy giant said complementary nutrition will be required to meet the increasing need for food globally.

Fonterra mourns passing of former chairman

Wilson stepped down from the role last year to focus on his health.

Fonterra offloads livestock division to Carrfields

The new ownership will commence on March 1, 2019.

This week in FMCG

The top headlines this week.

Fonterra announces changes to management team

Mike Cronin has been appointed managing director of co-operative affairs.

Fonterra creates new Fixed Milk Price tool

The new financial tool will guide farmers with budgeting, planning and managing on-farm profitability.

Lion, Norco and Fonterra agree to amend milk supply agreements

A selection of dairy processors have agreed to address ACCC concerns that terms were unfair to farmers.

Fonterra amps up plans for sustainability

Dairy cooperative plans to focus on nutrition, community and the environment.