fonterra
Fonterra announces FY23 annual results
New Zealand dairy giant Fonterra announced its results for the financial year ending 31 July 2023, with full year reported earnings of 95 cents per share, reported profit after tax of NZ$1.6 billion and a final 2022/23 season farmgate milk price of $8.22 per kgMS.
Research is key
I am thinking about research this morning, in light of the recent item about how milk phospholipids
reduce stress, according to Fonterra’s recent trial on people with moderate levels of stress and the effect of supplementing them with these dairy-derived ingredients.
The many challenges of commercialising ‘animal-free’ dairy
If anyone thinks that being more sustainable and animal-free is enough to take the technology beyond niche status, they are in for a surprise
Fonterra’s acting COO announced
Fonterra has announced Anna Palairet as acting Chief Operating Officer (COO) to replace current COO Fraser Whineray who is leaving the Co-op next month.
International Dairy Cooperatives Forum celebrates 20 years
The International Dairy Cooperatives Forum, said to be the largest dairy industry event in Central and Eastern Europe, is marking its 20-year anniversary in Bialystok, Poland, 20-21 September.
Fonterra updates on business sale in Chile
CEO Miles Hurrell says he’s pleased to confirm approval from the competition authority, Fiscalía Nacional Económica (FNE), has now been received.
Fonterra’s COO Whineray to leave co-operative
Fonterra has announced its chief operating officer, Fraser Whineray, intends to resign from Fonterra at the end of this financial year on 31 July.
Fonterra announces divestment of Chile business
The divestment comprises a number of transactions that result in aggregate consideration of 591.07 billion Chilean Pesos (approximately USD 640 million).
Fonterra appoints chief financial officer
Fonterra Co-operative Group has announced the appointment of Neil Beaumont to the role of chief financial officer, effective February 2023.
Fonterra trials organic battery in New Zealand
A new organic, low-cost, safe, sustainable and long-life battery being trialled by Fonterra could support greater energy security and distributed electricity generation for New Zealand.
Fonterra launches wellness brand, Nutiani
Fonterra is taking another step in nutrition science and innovation with the launch of a new wellbeing solution brand, Nutiani.
Fonterra and Rural Support Trust join forces in New Zealand
The three-year partnership supports rural New Zealanders by improving access to wellbeing and resilience services for farming families who are doing it tough.
Fonterra announces acting CFO
Fonterra has announced that Chris Rowe will become its Acting Chief Financial Officer (CFO).