Fonterra confident its got the strategy right

Fonterra confident its got the strategy right
Rebecca Howard
By Rebecca Howard Sept. 26 (BusinessDesk) - Fonterra Cooperative Group reported its second loss in a row but is confident it now has its strategy right.   “We have a more focused business, we are clear about who we are, where we are going and where we can win,” said chief executive Miles Hurrell.  The Auckland-based cooperative posted a net loss attributable to shareholders of $557 million in the 12 months ended July 31, widening from its maiden loss of $221 million a year earlier. Revenue fell 1.5 percent to $20.11 billion, while i...

More Primary Sector

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

MPI led the Fieldays charge
Primary Sector

Cameron Bagrie: MPI led the Fieldays charge

Fieldays was a class act, once again, with MPI as the lead actor.

Cameron Bagrie 26 Jun 2025