27 Sep 2019

Economist optimistic about Fonterra's future

From Morning Report, 8:25 am on 27 September 2019

New Zealand's biggest company is changing its mindset. Fonterra has written off 826 million dollars from its assets as it looks to clear the decks and scale back. Fonterra chief executive Miles Hurrell told Morning Report earlier this morning he doesn't think the company needs external capital to stay afloat within the next five years... but he's not ruling it out