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29 May 2020 10:08
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  •   Home > News > Rural

    Fonterra's being urged to put all its cards on the table

    Fonterra's being urged to put all its cards on the table


    Fonterra
    Fonterra
    The dairy giant's releasing its annual results this morning, and is expected to announce a loss of up to 675 million dollars.

    Fonterra shareholder and analyst, Jacqueline Rowarth , says Fonterra's sold a German company that shareholders didn't know it owned.

    She's wondering if there are other things in the closet they didn't know about.

    Rowarth says this is a chance for Fonterra to air everything out so people have a clear picture of the value of the company.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     21 May: Fonterra continues to strengthen its balance sheet
     21 May: Fonterra is on course to inject 11 billion dollars into the economy this year
     05 May: People made redundant from Covid 19 are the target of farmers with jobs to fill on dairy farms
     24 Apr: Dairy giant Fonterra is persisting with its fifteen to twenty cents share forecast in spite of Covid 19's impact on milk trading
     14 Apr: Dairy farmers are facing a dismal milk 5 dollars 60 a kilogram payout forecast next season - because of the coronavirus crisis
     28 Mar: During the coronavirus lockdown many farmers are still struggling with Mycoplasma bovis
     24 Mar: Heightened health protocols will cause only minor hold-ups to Fonterra's milk operations through the four-week lockdown
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