GAVIN EVANS: Direction sought for Fonterra fund holders

GAVIN EVANS: Direction sought for Fonterra fund holders
Gavin Evans
Fonterra’s return to profitability and recent firm demand for the country’s dairy products are good news for the economy and investors.Holders of Fonterra Shareholders' Fund units are also looking forward to their first dividend since April 2018. The 5-cent payout next month will – barring some dramatic event in the next two weeks - reduce their per-unit loss in the past two years to 80 cents.The unit trust was introduced with much hype in 2012 promising investors an exposure to a global-scale dairy player with “stab...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Riley Kennedy 12 Dec 2024
Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Riley Kennedy 12 Dec 2024
Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024