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Fonterra Says It's Australia Milk Collection In April Up 0.6%
Fonterra Says Australia Milk Production Increased 7.1% In March
Fonterra Says No Intention Of Reducing Staff At The Moment
Fonterra Shareholders' Fund is a New Zealand-based unit trust established to be the authorized fund. The principal activity of the Fund is to acquire economic rights and issue units to investors. It allows investors in the Fund an opportunity to earn returns based on the financial performance of Fonterra Co-operative Group Limited (Fonterra), New Zealand-based Co-operative. Under the Trust Deed, the Fund may invest only in authorized investments, which are economic rights of Fonterra shares (Economic Rights), and issue units to investors. It may not invest directly in Fonterra shares (shares). FSF Management Company Limited is the manager of the Fund, whose objective is to manage the Fund and its property as a passive investment vehicle under the Trust Deed.
Misc. Financial Services
109 Fanshawe Street
John Anthony Monaghan
Chairman of the Board
Chief Executive Officer
Chief Financial Officer
Interim Chief Executive Officer Greater China
Managing Director - People and Culture
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New Zealand's Fonterra said on Friday China's global dairy import volumes climbed 10.1% in March after two consecutive months of declines, as the world's second-largest economy reopens after coronavirus-induced lockdowns.
New Zealand's Fonterra said on Friday China's global dairy import volumes jumped 10.1% in March as the world's second-largest economy reopens after a coronavirus-induced lockdown.
Fonterra <FCG.NZ> said the coronavirus pandemic was "like nothing we've experienced before" as the world's largest dairy exporter cut the price it pays farmers for milk for the upcoming season with demand crumbling due to virus-led restrictions.
New Zealand's Fonterra posted a near 59% rise in nine-month underlying operating profit on Thursday, helped by robust demand for dairy products.
* World no. 1 dairy exporter had warned of impact in February
New Zealand's Fonterra said on Thursday dairy import volumes by its key Chinese market fell 1.4% in the first two months of the year, due to public health measures put in place to curb the spread of the coronavirus.
Fonterra <FCG.NZ> has joined a group of companies investing 15 million euros ($16.3 million) in German food start-up YFood, according to a statement on Tuesday, the latest sign that companies are aiming to tap global shifts in eating habits.
Fonterra said on Wednesday its New Zealand milk exports in February fell 6.1% and that it would ramp up ethanol production to help sanitizer manufacturers cope with a surge in demand caused by the coronavirus outbreak. The Auckland-based company said it would make an additional...
Dairy giant Fonterra said on Wednesday its New Zealand milk exports in February fell 6.1% due to a decline in demand for butter from Iran and fluid milk products from China.
Fonterra , the world's biggest dairy exporter, reported a jump in half-year adjusted profit on Wednesday and said it expects the coronavirus outbreak to pose risks to global demand.
Fonterra , the world's biggest dairy exporter, reported a sizable jump in adjusted profit on Wednesday, as it slashed debt and shifted its operational focus back to its home market in New Zealand.
The world's largest dairy exporter Fonterra <FCG.NZ> on Thursday cut its milk collection forecast for fiscal 2020, citing adverse weather conditions in several parts of New Zealand.
The world's largest dairy exporter Fonterra on Thursday cut its milk collection forecast for fiscal 2020, citing adverse weather conditions in several parts of New Zealand.
New Zealand dairy giant Fonterra said on Friday milk production in its Australian operations dropped 3.4% in November, while milk collection in the region fell 13% in the last month of 2019.
Dairy giant Fonterra said on Friday milk production in Australia dropped 3.4% in November, blaming challenging farm and weather conditions.
New Zealand's Fonterra <FCG.NZ> said on Thursday that fiscal 2020 would see more deals as the world's biggest dairy exporter reviews its assets and shifts focus back home.
New Zealand's Fonterra said on Thursday that fiscal 2020 would see more deals as the dairy company reviews its assets and shifts focus back home.
New Zealand's Fonterra <FCG.NZ> said on Thursday it bought an additional 13.6% stake in Chile-based milk processor Prolesur for NZ$29.3 million ($18.8 million), as the dairy giant streamlines operations in the South American nation.
Dairy behemoth Fonterra on Thursday raised its forecast milk payment to farmers for the 2019-2020 season as it sees strong global demand.
* NZ milk output helped by good temperatures and pasture quality
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