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19 Jan 2026 8:54
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  •   Home > News > Rural

    Fonterra's new boss says reducing the company's debt by 800 million dollars is achievable

    Fonterra's new boss says reducing the company's debt by 800 million dollars is achievable


    Fonterra
    Fonterra
    Miles Hurrell has been installed as CEO today, having been interim boss since last August .

    Hurrell says their balance sheet has blown out in part because of troubles in Latin America and Australia.

    He says there've been economic problems in Latin America and the drought has been an issue in Australia.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     15 Jan: Potential for a dairy price recovery
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     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
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     03 Dec: The fall in global dairy prices continues
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