Theo Spierings

5 Oct 17, 8:40am
Keith Woodford discusses Fonterra’s Annual Report, with results driven by commodities and cost savings, and ongoing concerns in China
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27 Jul 17, 9:13am
Fonterra is now forecasting a $6.75 milk price for farmers in the current season, but its earnings forecast of 45c to 55c per share is only the same as that for the previous year
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24 May 17, 8:39am
Fonterra is now forecasting a $6.15 milk price for farmers this season, up from $6; opening forecast price for next season is $6.50, which is higher than economists thought likely
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22 Mar 17, 8:56am
Fonterra set to pay out unchanged dividend of 40c a share; Milk price forecast also unchanged at $6
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22 Aug 16, 2:18pm
Theo Spierings explains why Fonterra is in China in the way it is, reveals its focus, and sets out its strategy in the world's largest dairy import market
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1 Aug 16, 8:42am
Fonterra says earnings per share this season may be in the 50c to 60c range, up from 45c to 55c in the past season
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27 May 16, 1:35pm
Allan Barber wonders if Fonterra has actually captured the 'value' and 'velocity' gains from its new focus on value extraction
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26 May 16, 8:47am
Fonterra leaves current season forecast price at $3.90; expects improvement in market conditions over new season but urges farmers to be cautious
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16 May 16, 9:31am
Fonterra will pay the first instalment of proposed 20c final dividend for this year on June 7; the co-operative expects its 'good' financial performance to continue
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23 Mar 16, 1:48pm
Fonterra CEO sees 5.5%/yr compound demand growth in global dairy markets by 2020; says European suppliers can't respond to that as limited by environment and herd size; Chairman says cash loan was unique to 2015/6; no plans to do it again
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23 Mar 16, 8:49am
Fonterra to pay interim dividend of 20c; forecasts 40c dividend for full year and plans to pay this earlier than usual to assist farmers; total payout of $4.30 seen
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9 Mar 16, 4:27pm
Labour attacks Fonterra and CEO Theo Spierings in Parliament; calls on Key to denounce CEO; Key distances Govt from Spierings; reassures again on 'medium term outlook' for dairy; English says farmers shouldn't wait for price rebound
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8 Mar 16, 8:48am
Fonterra concedes farmgate milk price won't rise until international production rebalances lower, chops payout to levels last seen in 2006-07
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28 Jan 16, 9:04am
Fonterra concedes that a reduction in the forecast milk price payout this year will be 'very tough' on its farmers
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16 Nov 15, 9:05am
Giant dairy co-operative Fonterra has lifted its predicted available payout by 5c; sees likely dividend in 35c-40c range; total cash payout could be up to $5
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24 Sep 15, 8:43am
Fonterra is now predicting a milk price of $4.60 for the current season, up from previous prediction of $3.85; Price of $4.40 confirmed for past season; dividend of 25c; production seen falling more than 5%
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21 Sep 15, 10:00am
Fonterra has increased the number of job losses in its review to 750 from the previously announced 523
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13 Aug 15, 9:28am
The Weekly Dairy Report: Manage the loss is the best most can do as the dairy market falls further
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10 Aug 15, 12:11pm
CEO Theo Spierings says 'drastic changes' to Globaldairytrade may be required after price slump to below "sustainable levels
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7 Aug 15, 3:36pm
Fonterra cuts farmgate milk price forecast to $3.85, offers farmers interest free loans
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