Fonterra’s downgrade may prove a horrid harbinger for season to come
Fonterra CFO rules out request to bring forward forecast for 2015/16 season payout
Fonterra’s chief financial officer Lucas Paravicini is refusing to say if yesterday’s late-season disappointing downgrade in its farm gate milk price is a harbinger for next season’s payout.
Yesterday Fonterra [NZX: FCG] announced its reduced forecast farmgate milk price from $4.70 a kg/MS to
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Jamie Ball
Fri, 01 May 2015
Fri, 01 May 2015
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Fonterra’s downgrade may prove a horrid harbinger for season to come
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