Fonterra upgrades 2023 guidance after huge lift in first quarter earnings
Fonterra has posted a huge lift in Q1 earnings and has lowered its milk price forecast.
Fonterra has posted a huge lift in Q1 earnings and has lowered its milk price forecast.
Fonterra is pushing hard for new, emerging products.
Demand for dairy in China has declined over the last year or so.
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China's zero Covid lockdowns are behind weaker demand from the PRC and lower GDT prices.
Fonterra says it wants greater industry transparency over milk prices, not less.
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Fonterra's annual profit has come in at the top end of its guidance range.
Fonterra is set to report a steady profit, but the year ahead is looking much better.
An ominous warning was issued to Fonterra - but protest seems to be resolved now.
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Businesses have big plans to go even further this year - kōrero nui.
Heavy upward revision for Fonterra's 2023 earnings forecasts.
Fonterra has cut its milk price forecast to a mid-point of $9.25/kg.
'If successful, this project could be replicated across a number of NZ businesses.'
France's Danone has won FDA approval to send NZ made formula to the US.
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National's trade spokesman Todd McClay gave the deal a '6 out of 10'.
The deal took four years of often torturous negotiations.
Fonterra has lifted its farmgate milk price forecast and its earnings outlook for 2023.
Claim that Govt is enabling Fonterra to avoid the risk of legal challenge.
Exporters as a whole have continued to focus on furthering their reach into China.
Dairy co-operative plans to buy back its own shares from June 30.
Fonterra will actively support liquidity in its tradeable shares on an interim basis.
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The world's biggest dairy exporter is shut out of the US finished infant formula market.
Latest dairy manufacturing entrant will need to get out its cheque book.