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14 May 2024 4:02
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  •   Home > News > Rural

    Promising news for Fonterra shareholders

    Promising news for Fonterra shareholders


    Fonterra
    Fonterra
    The dairy giant's revised its 2021 forecast earnings guidance to 25-35 cents per share, up from 20-35 cents per share.

    Chief executive Miles Hurrell says the new range still reflects the usual uncertainties the company faces any given year.

    He says there have been challenges because of Covid-19, but there's been strong demand for the co-op's milk and the team's continued to get it to market.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
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