NZ Natural expands globally despite volatile NZ dollar

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Ice cream company New Zealand Natural continues to expand into new export markets despite the volatile NZ dollar.

The natural ice cream maker, which manufactures all of its products in New Zealand, entered its 23rd country by opening its first outlet in Abu Dhabi.

Diane Foreman’s empire last week also bagged the Export Award at the Westpac New Zealand Franchise Awards.

Ms Foreman said being 100% manufactured in New Zealand means the company is “very volatile” to aspects of international trade and the judges had commented on its effective systems and handling of ingredient prices, currency fluctuations and transportation costs.

“They were particularly complimentary about New Zealand Natural’s strong focus on core operational disciplines, commenting that it was an impressive overall submission.”

The former New Zealand Entrepreneur of the Year said research and development is central to the business, which runs its own laboratory.

Last month the company won the French SIAL D'Or Award for its rice sushi inspired ice cream ‘Sooshi’.

 

 


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NZ Market Snapshot

Forex

Sym Price Change
USD 0.7130 -0.0056 -0.78%
AUD 0.9309 -0.0080 -0.85%
EUR 0.6494 -0.0063 -0.96%
GBP 0.4667 -0.0023 -0.49%
HKD 5.5280 -0.0448 -0.80%
JPY 88.1880 -0.7970 -0.90%

Commods

Commodity Price Change Time
Gold Index 1188.0 2.350 2015-05-28T00:
Oil Brent 63.2 0.500 2015-05-28T00:
Oil Nymex 57.7 0.110 2015-05-28T00:
Silver Index 16.6 0.020 2015-05-28T00:

Indices

Symbol Open High Last %
NZX 50 5777.6 5844.9 5777.6 1.17%
NASDAQ 5096.3 5106.6 5106.6 -0.17%
DAX 11685.7 11704.4 11677.6 -1.16%
DJI 18154.1 18154.1 18163.0 -0.20%
FTSE 7040.9 7052.5 7040.9 0.09%
HKSE 27398.3 27604.3 27454.3 -0.11%
NI225 20510.3 20636.4 20551.5 0.06%