theo spierings

Fonterra CEO Theo Spierings (Tinaz Karbhari for NBR)

Poll result: Receivers at the farmgate? Readers seem to think so

Fri 1 May 2

Over half of NBR ONLINE poll respondents say banks will be “very nervous” about dairy farm debt.

Fonterra CEO Theo Spierings  (Tinaz Karbhari for NBR)

Fonterra cuts forecast payout to $4.50 kg/MS on volatile dairy prices, over-supply

Thu 30 Apr

The reduced payout follows rival Westland Milk Products, which yesterday cut its forecast to between $4.90 and $5.10/kgMS.

Fonterra CEO Theo Spierings and chairman John Wilson

Investors gobble up Fonterra bonds

Thu 16 Apr 1

The prospect of a 75 basis point margin over the current interest swap rate, saw the $250 million bond issue oversubscribed by $100 million.

Fonterra Shareholders’ Council chairman Ian Brown

Fonterra shareholders disappointed with Fonterra dividend given low milk prices

Wed 25 Mar 1

"Shareholders rightfully want to see the strategy provide a return on their investment, especially given the low milk price environment farmers are currently experiencing." Council chairman Ian Brown said.

Fonterra CEO Theo Spierings  (Tinaz Karbhari for NBR)

Fonterra lowers farm dividend guidance as profit falls

Wed 25 Mar

The forecast payout for the current season was affirmed at $4.70 per kilogram of milk solids.

Fonterra CEO Theo Spierings  (Tinaz Karbhari for NBR)

Fonterra buys 18.8% of China's Beingmate for about $755 million

Mon 16 Mar 2

The transaction, valued at 3,464 million RMB (NZ$755 million) is well above the $615 million Fonterra indicated.

Pages

Subscribe to theo spierings