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Strong Buyer Interest In Fonterra's Consumer Business

Strong Buyer Interest In Fonterra's Consumer Business
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Devon Funds Morning Note - 30 May 2024 - sharechat.co.nz

The US indices were softer on Wednesday, with the Dow falling around 1.1%, the S&P500 dipping 0.7%, and the Nasdaq backing 0.6% away from record highs. Nvidia though hit a new all-time high during the session

Fonterra Announces FY25 Farmgate Milk Price And Lift In FY24 Earnings Guidance

Continuing operations’ earnings per share: 61 cents Reported earnings per share: 58 cents Continuing operations’ profit after tax: NZ $1,013 million up $20m, or 2% Reported profit after tax: NZ $973 million down 27% with the prior period including .

Fonterra targets $8 'midpoint' farmgate milk price for new season

Fonterra's picking a slightly higher milk price for the coming season, while increasing its earnings forecast for the current financial year; says 'high volume of interest' in potential sale of consumer brands

Fonterra is remaining extremely cautious about global dairy - 29-May-2024

Fonterra is trying to temper expectations for the upcoming dairy season

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