Fonterra’s trials and tribulations have led to a rising crescendo of criticism of the cooperative’s performance since the release of the 2018 annual report. Declining share value and dividend payments, fluctuating milk price, inadequate return on capital, failure to match international and domestic competitors’ financial performance, failed investments, rising debt ratio and overpaid staff are the most notable criticisms. (more…)
Posts Tagged ‘Andrew Ferrier’
Fonterra – right question, wrong answer
November 21, 2018Tags:Andrew Ferrier, Auckland Council, Beingmate, co-operative structure, consumer goods, Craig Norgate, Dairy Board, David Lange, debt reduction, Fonterra board election, Helen Clark, Henry van der Heyden, John Monaghan, John Roadley, John Wilson, Kerry Group, Leonie Guiney. Peter McBride, Miles Hurrell, Sanlu, Soprole, Theo Spierings, V3 strategy
Posted in Agribusiness, China exports, Dairy, Economy, Export trade, Fonterra, International trade, Investment, Livestock, Politics | Leave a Comment »
Fonterra’s restructure more about poor strategy than milk price
August 6, 2015When Fonterra was formed back in 2001, there was a great sense of optimism about the potential for a New Zealand dairy company to compete on a truly global scale. The industry’s infighting and parochialism would be a thing of the past and the clear intention was to use the greater efficiencies and scale to create a substantially better performing business model. (more…)
Tags:Andrew Ferrier, consumer foods, Danone, Fonterra dividend, Fonterra's share of milk production, Fonterra's strategy, Formation of Fonterra, Henry van der Heyden, Keith Woodford, management restructure, McKinsey & Co, milk payout, Nestle, TAF, Theo Spierings
Posted in Agribusiness, Dairy, Economy, Export trade, Fonterra, Human Resources, Investment | 3 Comments »
