Fonterra's FY result looking good

Fonterra's FY result looking good
Fonterra expects earnings at top end of guidance (Image: Fonterra)
Rebecca Howard
Dairy co-op Fonterra’s upcoming annual results announcement is looking positive.“Our co-op has made good progress against our strategy over the past 12 months, and we look forward to updating our stakeholders when we release our results in September,” said chief executive Miles Hurrell.“Looking ahead, we see a positive outlook for dairy. We continue to see favourable supply and demand dynamics and remain well-positioned to keep delivering against our strategy,” he said.While global milk prices have eased supply rem...

More Primary Sector

Zhiqiang Li takes helm as acting CEO of Westland Milk Products
Primary Sector

Zhiqiang Li takes helm as acting CEO of Westland Milk Products

Zhiqiang Li has taken the helm as acting chief executive of Westland Milk Products, effective today.The move follows the resignation of former CEO Richard Wyeth.Li will continue as executive director of Yili Group in Australia and New Zealand.Li said Wyeth joined the company four...

Rebecca Howard 31 Jan 2025
Coal and gold added to critical minerals list
Finance

Coal and gold added to critical minerals list

Banks and insurance companies threatened with regulatory retaliation if they block mining.

Ian Llewellyn 31 Jan 2025
Cannabis rule change having impact
Primary Sector

Cannabis rule change having impact

Regulatory changes in NZ and Germany have made NZ products more available worldwide.

Murray Jones 31 Jan 2025
Chinese New Year crucial for NZ markets
Primary Sector

Chinese New Year crucial for NZ markets

The festive period is largely out of season for NZ's kiwifruit supply.

Riley Kennedy 31 Jan 2025