Fonterra to benefit from Aussie rival’s pain: analyst
Murray Goulburn's milk price drop will mean lower costs for Fonterra's Australian operations.
Fonterra’s [NZX: FSF] Australian business will benefit from rival Murray Goulburn’s misfortune after the Victoria-based co-op slashed its milk price and profit forecast yesterday, an analyst says.
In a research note, Forsyth Barr analyst James Bascand says Fonterra’s costs would fall by $80-110
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Thu, 28 Apr 2016
Thu, 28 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra to benefit from Aussie rival’s pain: analyst
57695