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5 Aug 2020 14:43
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  •   Home > News > Rural

    Fonterra's being urged to put all its cards on the table

    Fonterra's being urged to put all its cards on the table


    Fonterra
    Fonterra
    The dairy giant's releasing its annual results this morning, and is expected to announce a loss of up to 675 million dollars.

    Fonterra shareholder and analyst, Jacqueline Rowarth , says Fonterra's sold a German company that shareholders didn't know it owned.

    She's wondering if there are other things in the closet they didn't know about.

    Rowarth says this is a chance for Fonterra to air everything out so people have a clear picture of the value of the company.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     17 Jul: Rapid gains in the New Zealand dollar have seen Fonterra trim its forecast payout by five cents for the recently completed season
     26 Jun: Manawatu dairy farmer Andrew Hoggard is the new president of Federated Farmers
     26 Jun: Former Zespri chairman Peter McBride will lead the boardroom of the country's largest company
     26 Jun: Fonterra is replacing its retiring chairman John Monaghan with Tauranga dairy farmer and kiwifruit grower Peter McBride
     24 Jun: The global demand for sheep milk is growing, and Kiwi farmers are responding
     23 Jun: Fonterra farmers who produce sustainable, high quality milk will soon be eligible for a new payment of up to 10 cents per kg of milksolids
     15 Jun: Dairy farmers aren't overly optimistic that a wide ranging milk payout will be narrowed
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