Fonterra strategy positive but light on detail - Jarden

Fri, 27 Sep 2019

By Rebecca Howard Sept. 27 (BusinessDesk) - Dairy giant Fonterra Cooperative Group's intent and direction is good but lacking in detail, says Jarden research analyst Arie Dekker. Fonterra yesterday unveiled a new strategy that puts greater emphasis on extracting value rather than pursuing volume. Key elements include bringing the focus squarely back to New Zealand and a pull-back from its consumer brands. "We are disappointed by the lack of detail accompanying Fonterra’s strategic reveal," Dekker said in a note to clients For Dek...

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