News | Rural
22 Nov 2019 11:01
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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.

    © 2019 Newstalk ZB, NZCity


     Other Rural News
     20 Nov: Global dairy prices have risen 1.7 percent at Fonterra's latest overnight auction
     15 Nov: Fonterra's human resources manager has resigned after less than a year in the job
     06 Nov: Global dairy prices have risen 3.7-percent at Fonterra's latest overnight auction
     22 Oct: Good news for farmers from Fonterra this morning
     18 Oct: Trouble at Fonterra, but not of the financial kind this time
     17 Oct: Emergency services are trying to establish what caused a chemical explosion at a Fonterra plant north of Whangarei
     16 Oct: Despite public perception - a dairy farmer says most farmers... are doing they best job they can
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