Listed Companies

Margin pressure Fonterra's biggest challenge

Rebecca Howard
Thu, 03 Jun 2021

Rebecca Howard
Thu, 03 Jun 2021
The most immediate challenge facing Fonterra in the final quarter of the year is further pressure on margins, the co-operative has told its farmer council.“While overall, stronger gross margins have been seen so far this year, they’ve narrowed in the third quarter as the increasing raw milk prices have flowed through to input costs,” it said in a response to a question from the Fonterra Co-operative Council.“In addition, the impact of pricing lags on sales contracts with major customers has delayed the ability to pass th...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets Wake Up Call
Wake Up Call: No cheques, mate
Staff reporters | Fri, 25 Jun 2021

Westpac is going cheque free from today, the latest in a line of banks to do away with the old-school payment type.

Opinion FREE
Failure to enforce face masks a ticking time bomb
Jacques Steenkamp | Fri, 25 Jun 2021

While the risk of another lockdown is growing, dozens of people are continuing to ignore the mandatory requirement to wear face masks on public transport.

How much more juice can the taxman squeeze?
Paul McBeth | Fri, 25 Jun 2021

Is the tax department still fighting the battles of yesteryear with its Frucor case?

Will your bach or business be underwater in 100 years?

As climate change brings rising sea levels and accelerated coastal erosion, tens of thousands of coastal homes and baches in New Zealand could be left at risk and uninsurable.

Partner Content
Business events are increasingly important for corporates

Working from home is great, but there's real value in face-to-face connections.