Fonterra

Fonterra's FY19 report will now be no later than September 30, 2019.

Fonterra confirms big losses and defers reporting date

By Jim Cornall

New Zealand dairy cooperative Fonterra has changed the date for reporting its audited financial results for the 2019 financial year (FY19) ended July 31, 2019, as it confirmed losses for the financial year would be in the NZ$590m-NZ$675m (US$376m-US$430m)...

Fonterra's Darfield plant is one of six manufacturing sites aiming to reduce water use by 30% by 2030.

Fonterra targets water savings

By Jim Cornall

More than 3.4bn liters of water will be saved every year if new water targets Fonterra launched this week are achieved.

“We expect to see further growth from acquisitions, with a long-awaited shift in the top three of the global ranking likely.

Rabobank publishes Dairy Top 20

By Beth Newhart

Nestlé, Lactalis and Danone continue leading the global dairy industry, but could see some shakeups in the future, according to a new analysis from Rabobank.

Under Shenzhen Stock Exchange rules it is only possible to sell up to 1% every 90 days directly on the exchange, or up to 2% in a single block every 90 days. Pic: ©Getty Images/lzf

Fonterra trying to sell Beingmate shares

By Jim Cornall

New Zealand dairy cooperative Fonterra says it is going to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of 18.8%.

Fonterra said the market continues to be attractive for its dairy protein and dairy speciality ingredients.

Fonterra sells foodspring to Mars

By Jim Cornall

Mars has signed an agreement to purchase a majority shareholding in German targeted nutrition business, foodspring and, as part of this transaction, Fonterra has sold its interest in foodspring’s parent Goodminton A.G, and will realize a gain on sale...