20 July 2022 Attached for release is the operating report for June 2022.
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Primary Sector
More butter, more value: Fonterra’s $75m move to expand production
Fonterra Co-operative Group will invest $75 million to expand butter production at its Clandeboye site in South Canterbury.The move is part of the next phase of strategic investments by the co-op, signalled in its annual result.At the time, chief executive Miles Hurrell said the...
Markets
Air NZ expects 1H loss of $30m to $55m
According to Air NZ, it had anticipated a 2% to 3% revenue uplift.
Markets
Alan Bougen corrects statement with regard to Comvita
Bougen said some of his previous statements "may have been ambiguous".
