'The world wants what we've got' – but challenges aplenty for Fonterra

Fonterra's AGM was a hybrid meeting due to covid-19 restrictions. (Image: BusinessDesk)

Thu, 09 Dec 2021

Fonterra executives agree the outlook for New Zealand milk is strong but aren’t downplaying the challenges ahead and say the pending vote on the new capital structure is key. “The future for New Zealand dairy is exciting. But we are not being naïve about the very real challenges we all have in front of us right now,” chair Peter McBride told the annual general meeting at the ILT Stadium in Invercargill.Chief executive Miles Hurrell was also positive.“The fundamentals of dairy – in particular, New Zealand...

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