The PR spin has been pretty active signalling a much improved half yearly result which was duly delivered this morning. The company confirmed a 40 cent dividend for the full year with the interim dividend being paid next month as usual and the final dividend being paid in two tranches in May and August instead of October. (more…)
Tags:6 monthly result, Chinese milk demand, commodities, Dairy Board, dairy farmers, EU quotas, Fonterra's capital structure, Milk price payout, NZ milk supply, Russian trade embargo, sharemilkers, value added production, whole milk powder
Posted in Agribusiness, Consumer demand, Dairy, Economy, Export trade, Fonterra, International trade, Investment, Meat industry, Overseas investment | 1 Comment »
Fonterra’s interim result announcement contains confirmation of the farmgate milk price forecast of $4.70, but a reduction in the added value dividend. (more…)
Tags:added value dairy products, commodity producer, cooperative ownership, Danone, EU milk quotas, Fonterra Shareholders' Fund, Foreign exchange, Global Dairy Trade, half year result, Meat industry restructuring, Milk price payout, milk production
Posted in Agribusiness, Dairy, Economy, European agriculture, Export trade, Fonterra, International trade, Investment, Meat industry | 1 Comment »
