Displaying items by tag: Miles Hurrell

Fonterra is pegging its future to New Zealand milk in a new long-term strategy unveiled last week.

Fonterra says its business reset is complete and it’s now moving into a new phase of value growth.

Fonterra has appointed Kate Daly as managing director people & culture.

The changing personal circumstances of consumers, largely driven by Covid-19, is shaping some of the innovation at Fonterra's R&D centre in Palmerston North.

Fonterra is sticking to normalised earnings guidance of 25-35 cents per share for this year.

Fonterra has reduced its 2020-21 forecast farmgate milk price range midpoint by 5c.

Good news for Fonterra farmers: the co-operative has announced an opening forecast farmgate milk price range for the 2021-22 season of $7.25 - $8.75/kgMS, with a midpoint of $8/kgMS.

After years of losses, Fonterra's two wholly owned China farming hubs in Ying and Yutian have been sold.

Fonterra chief executive Miles Hurrell says results of the last two dairy auctions reflect volatility in the global markets.

Fonterra says its revised strategy, focusing on value rather than volume, is paying off.