Theo Spierings
Keith Woodford discusses Fonterra’s Annual Report, with results driven by commodities and cost savings, and ongoing concerns in China
5th Oct 17, 8:40am
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Keith Woodford discusses Fonterra’s Annual Report, with results driven by commodities and cost savings, and ongoing concerns in China
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
27th Jul 17, 9:13am
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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
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
24th May 17, 8:39am
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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
Fonterra set to pay out unchanged dividend of 40c a share; Milk price forecast also unchanged at $6
22nd Mar 17, 8:56am
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Fonterra set to pay out unchanged dividend of 40c a share; Milk price forecast also unchanged at $6
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
22nd Aug 16, 2:18pm
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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
Fonterra says earnings per share this season may be in the 50c to 60c range, up from 45c to 55c in the past season
1st Aug 16, 8:42am
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Fonterra says earnings per share this season may be in the 50c to 60c range, up from 45c to 55c in the past season
Allan Barber wonders if Fonterra has actually captured the 'value' and 'velocity' gains from its new focus on value extraction
27th May 16, 1:35pm
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Allan Barber wonders if Fonterra has actually captured the 'value' and 'velocity' gains from its new focus on value extraction
Fonterra leaves current season forecast price at $3.90; expects improvement in market conditions over new season but urges farmers to be cautious
26th May 16, 8:47am
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Fonterra leaves current season forecast price at $3.90; expects improvement in market conditions over new season but urges farmers to be cautious
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
16th 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
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
23rd Mar 16, 1:48pm
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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
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
23rd Mar 16, 8:49am
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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
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
9th Mar 16, 4:27pm
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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
Fonterra concedes farmgate milk price won't rise until international production rebalances lower, chops payout to levels last seen in 2006-07
8th Mar 16, 8:48am
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Fonterra concedes farmgate milk price won't rise until international production rebalances lower, chops payout to levels last seen in 2006-07
Fonterra concedes that a reduction in the forecast milk price payout this year will be 'very tough' on its farmers
28th Jan 16, 9:04am
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Fonterra concedes that a reduction in the forecast milk price payout this year will be 'very tough' on its farmers
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
16th Nov 15, 9:05am
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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
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%
24th Sep 15, 8:43am
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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%
Fonterra has increased the number of job losses in its review to 750 from the previously announced 523
21st Sep 15, 10:00am
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Fonterra has increased the number of job losses in its review to 750 from the previously announced 523
The Weekly Dairy Report: Manage the loss is the best most can do as the dairy market falls further
13th Aug 15, 9:28am
The Weekly Dairy Report: Manage the loss is the best most can do as the dairy market falls further
CEO Theo Spierings says 'drastic changes' to Globaldairytrade may be required after price slump to below "sustainable levels
10th Aug 15, 12:11pm
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CEO Theo Spierings says 'drastic changes' to Globaldairytrade may be required after price slump to below "sustainable levels
Fonterra cuts farmgate milk price forecast to $3.85, offers farmers interest free loans
7th Aug 15, 3:36pm
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Fonterra cuts farmgate milk price forecast to $3.85, offers farmers interest free loans
Allan Barber says Fonterra’s restructure is more about poor strategy than milk price
6th Aug 15, 10:49am
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Allan Barber says Fonterra’s restructure is more about poor strategy than milk price
Keith Woodford sees overwhelming evidence our dairy industry will flourish as China's middle class expands rapidly & we maintain our huge cost advantages
21st Jul 15, 5:40pm
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Keith Woodford sees overwhelming evidence our dairy industry will flourish as China's middle class expands rapidly & we maintain our huge cost advantages
Fonterra cutting jobs as it strives to save $55m to $60m a year
Further large falls in dairy prices have economists predicting that the Reserve Bank will need to make more extensive cuts to official interest rates in response
2nd Jul 15, 8:44am
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Further large falls in dairy prices have economists predicting that the Reserve Bank will need to make more extensive cuts to official interest rates in response
Dairy co-operative reveals plan to re-allocate resources from support functions to front-line 'market' people
10th Jun 15, 11:57am
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Dairy co-operative reveals plan to re-allocate resources from support functions to front-line 'market' people