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29 Mar 2024 3:00
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  •   Home > News > Business

    Fonterra's got more decisions to make, over how to improve its balance sheet

    Fonterra's got more decisions to make, over how to improve its balance sheet


    Fonterra
    Fonterra
    The dairy giant has reported a nine percent drop in profits for the nine months to the end of April, compared to same time last year.

    Fonterra CEO Miles Hurrell says they're reviewing their joint venture with Nestle in Brazil.

    JMI Wealth's Andrew Kelleher says the milk price is strong, but the wider business is in trouble.

    He says Fonterra bosses are dealing with some poor decisions made by the previous management.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Business:
    The Government's made a new pay offer to Police 21:57

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17

    Accident and Emergency:
    State Highway One is has now reopened between Kaikoura and Riverlands - after a two-vehicle collision at Kekerengu, north of Kaikoura, this morning 21:17

    International:
    Shopper swallowed as shopping mall floor collapses in eastern China 21:07

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Law and Order:
    A person has died following an incident at a restaurant in Auckland's Browns Bay 20:27

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53


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