FONTERRA SHAREHOLDERS AND BOSSES DIFFER ON HOW TO GET THE BALANCE SHEET BACK TO BLACK

Loss-making Fonterra is not rethinking its profit retentions and dividend payout policy as part of its current strategic review.This despite a poor retentions history being considered to be partly responsible for its weak balance...

nzherald.co.nz (Date:10/14/2018 01:01) Read full article >>

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Fonterra: Fonterra Co-operative Group Limited is a New Zealand multinational dairy co-operative owned by 10,600 New Zealand farmers. The company is responsible for approximately 30 of the world's dairy exports and, with revenue exceeding NZ19.87 billion, is New Zealand's largest company.