Published 19 days ago • loading... • Updated 18 days ago

Sri Lanka gross profits rise to $106mn in 2024 as Fonterra explores IPO

Summary by EconomyNext

ECONOMYNEXT – New Zealand based Fonterra group said it was exploring an initial public offer as well as a sell-off of international businesses including Sri Lanka, as the daily co-operative looks to reduce its involvement in retail sales. The downstream business has been named Mainland group ahead of a possible listing, with its own Chief Executive and Chief Financial Officer ahead of the possible IPO, Fonterra said. In the 2024 financial year (…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

3 Articles

All

Left

Center

Right

farmersweekly.co.nz

Fonterra Fixed Price Milk offering to expand

Reading Time: 2 minutes It takes a team article embed form Support the work we do By becoming a supporter, you'll help us continue doing what we do best. Learn more Fonterra is to expand the Fixed Milk Price service to farmers wanting to reduce some of their income risk. The three enhancements include an option to fix a price in two seasons, a minimum or floor price lock-in option and both a minimum and maximum price range for the current s…

18 days ago

Read Full Article