Fonterra - Liquid Gold
We are supportive of the announced proposed significant divestment of Fonterra's (FSF) ‘consumer and associated businesses’ (‘in-scope’).
329 Views
Fonterra - 1H24 Result — Good Grazing
While 1H24 was another period that included benefits from the ‘one-off’ stream returns, FSF expects these to largely reverse in 2H24.
373 Views
Fonterra - FY23 Result — Milking Record Profits
The strength in the result was, as expected, in its Ingredients division — driven by favourable stream returns as has been the case for the...
530 Views
Fonterra - Upgrade-Ja Vu
The driver of the upgrade is favourable Ingredients margins (ongoing favourable product pricing relativities between reference and non-reference...
183 Views
Forsyth Barr Dairy Digest - Edition 2 Cashflow Constraints
The Forsyth Barr Dairy Digest provides a snapshot of information relevant to New Zealand's dairy sector. We include forecasts on the Farmgate Milk...
400 Views