by Freshagenda | Sep 26, 2024 | Global, News
by Freshagenda | Sep 26, 2024 | Global, News
Fonterra’s profit after tax fell to NZ$1.168bn in FY2024, down from NZ$1.6bn the year before. Earnings before interest and tax totalled NZ$1.56bn driven by stable earnings across its channels, Ingredients, Foodservice and Consumer, down from NZ$1,755m the year before....
by Freshagenda | Jul 11, 2024 | Global, News
Synlait Milk’s future lies in the hands of shareholders who will vote on whether to accept a NZ$130m loan from Bright Dairy. Synlait second-largest shareholder a2 Milk Company, is voting in favour of the NZ$130m loan. Significant loan repayments will fall due over the...
by Freshagenda | May 16, 2024 | Global, News
Fonterra has announced a major change in its strategic direction, and will explore full or partial divestment options for some or all of its global Consumer business and brands, including the integrated Fonterra Oceania which is the recently merged Fonterra Brands New...
by Freshagenda | Apr 18, 2024 | Global, News
Fonterra will close a number of ageing plants at two Waikato sites in an effort to optimize operations. Fonterra’s Waitoa PDC, a coal centre and two dryers in Te Rapa are no longer efficient to operate and will close later this year. The Te Rapa driers will close...
by Freshagenda | Mar 14, 2024 | Global, News
In response to the new government’s pledge to repeal a ban on live exports, a parliamentary petition started by former National Animal Welfare Advisory Committee chairperson Dr John Hellstrom has garnered more than 17,000 signatories since it was started on the 23rd...
