New Fonterra still in its infancy – Hurrell

Thu, 21 May 2020

The past nine months may have been the gestation period for the new-look Fonterra but there is still work to do to ensure the health of the co-op, according to chief executive Miles Hurrell. While the co-op was on the “downhill straight” after last year’s reset, he said work was continuing and there remained challenges in core global markets, largely as a result of the coronavirus health crisis. “This result gives us a benchmark for year one and how we can go about making improvements year on year. So really this is the first phase.”...

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