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financial results

David Hargreaves says Fonterra needs to undergo a massive overhaul otherwise the consequences could be quite drastic
10th Aug 18, 3:25pm
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David Hargreaves says Fonterra needs to undergo a massive overhaul otherwise the consequences could be quite drastic
Fonterra says dividend will be just 10c, down from 40c, while final milk price for season just gone has been cut to $6.70 from the expected $6.75; Shareholders' Council says situation 'unacceptable'
10th Aug 18, 8:58am
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Fonterra says dividend will be just 10c, down from 40c, while final milk price for season just gone has been cut to $6.70 from the expected $6.75; Shareholders' Council says situation 'unacceptable'
Dairy giant Fonterra has gone into a trading halt on NZX while it determines whether earnings from the July year will be different to that previously forecast
9th Aug 18, 1:33pm
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Dairy giant Fonterra has gone into a trading halt on NZX while it determines whether earnings from the July year will be different to that previously forecast
The sharpest fall in global dairy prices for over a year raises questions about whether the current level of forecast milk price for farmers this season will be achievable
4th Jul 18, 1:15pm
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The sharpest fall in global dairy prices for over a year raises questions about whether the current level of forecast milk price for farmers this season will be achievable
Appointment of new 'independent' manager to Beingmate seen by Fonterra as key to turning around its under-performing investment in the company
2nd Jul 18, 10:21am
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Appointment of new 'independent' manager to Beingmate seen by Fonterra as key to turning around its under-performing investment in the company
David Hargreaves says Fonterra's still failing to balance the commodity cycles - and that's bad for New Zealand
23rd May 18, 4:37pm
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David Hargreaves says Fonterra's still failing to balance the commodity cycles - and that's bad for New Zealand
Dairy giant Fonterra lifts current season milk price forecast to $6.75 from $6.55, but says dividend may be more than halved; milk price forecast for new season, at $7, is much higher than expected
23rd May 18, 9:10am
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Dairy giant Fonterra lifts current season milk price forecast to $6.75 from $6.55, but says dividend may be more than halved; milk price forecast for new season, at $7, is much higher than expected
Fonterra's orchestration of the announcement of CEO Theo Spierings departure was symphony-like. Here's hoping its next moves around a new CEO and board refreshment are as convincing
21st Mar 18, 2:51pm
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Fonterra's orchestration of the announcement of CEO Theo Spierings departure was symphony-like. Here's hoping its next moves around a new CEO and board refreshment are as convincing
Fonterra says its board and CEO Theo Spierings 'have agreed' he will leave later this year; international search under way for replacement and candidates now shortlisted
21st Mar 18, 11:18am
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Fonterra says its board and CEO Theo Spierings 'have agreed' he will leave later this year; international search under way for replacement and candidates now shortlisted
Dairy giant Fonterra lifts milk price forecast to $6.55 from $6.40, but forecasts lower dividend; takes $405 mln write-down on value of its Beingmate shareholding
21st Mar 18, 9:00am
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Dairy giant Fonterra lifts milk price forecast to $6.55 from $6.40, but forecasts lower dividend; takes $405 mln write-down on value of its Beingmate shareholding
David Hargreaves fears Fonterra will again 'leave the crowd wanting more' when it fronts for its half-year results next week
15th Mar 18, 2:20pm
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David Hargreaves fears Fonterra will again 'leave the crowd wanting more' when it fronts for its half-year results next week
UBS analyst forecasts Fonterra will take a writedown of $160 million on its Chinese Beingmate shareholding and reduce dividend payment this year to 32c from 40c last year
14th Mar 18, 3:45pm
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UBS analyst forecasts Fonterra will take a writedown of $160 million on its Chinese Beingmate shareholding and reduce dividend payment this year to 32c from 40c last year
CBL Corporation to be in breach of NZX listing rules by not releasing financial results
28th Feb 18, 4:03pm
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CBL Corporation to be in breach of NZX listing rules by not releasing financial results
Fonterra needs to give a fulsome explanation in its forthcoming interim results of just what is happening with its teetering investment in China's Beingmate
25th Jan 18, 8:44am
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Fonterra needs to give a fulsome explanation in its forthcoming interim results of just what is happening with its teetering investment in China's Beingmate
Fonterra says its Beingmate associate may lose over NZ$200 million for 2017; directors questioning Beingmate's financial management and reporting; Fonterra will 'consider financial implications' in its own forthcoming interim result
22nd Jan 18, 2:56pm
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Fonterra says its Beingmate associate may lose over NZ$200 million for 2017; directors questioning Beingmate's financial management and reporting; Fonterra will 'consider financial implications' in its own forthcoming interim result
Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
15th Nov 17, 9:29am
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Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
14th Nov 17, 9:58am
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Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
13th Nov 17, 2:32pm
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
4th Oct 17, 1:16pm
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Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
Fonterra announces net profit of $745 mln; drops season end milk price by 3c to $6.12, making final payout of $6.52
25th Sep 17, 9:01am
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Fonterra announces net profit of $745 mln; drops season end milk price by 3c to $6.12, making final payout of $6.52
Fonterra is coming under pressure to reveal more details about the performance and prospects of its Chinese associate Beingmate when Fonterra releases its annual results later this month
7th Sep 17, 4:33pm
Fonterra is coming under pressure to reveal more details about the performance and prospects of its Chinese associate Beingmate when Fonterra releases its annual results later this month
IAG says 'high risk regions' like Wellington to be hit hardest with further insurance premium increases; Notes households and businesses can also expect to pay higher excesses
23rd Aug 17, 3:12pm
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IAG says 'high risk regions' like Wellington to be hit hardest with further insurance premium increases; Notes households and businesses can also expect to pay higher excesses
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