Financial performance

SkyCity Entertainment Group says in order to preserve 'headroom' with its financing covenants it has suspended dividend payments for both the 2024 and 2025 financial years; earnings guidance for current year downgraded; share price tumbles

SkyCity Entertainment Group says in order to preserve 'headroom' with its financing covenants it has suspended dividend payments for both the 2024 and 2025 financial years; earnings guidance for current year downgraded; share price tumbles

Fonterra’s new strategy is all about cutting the cloth to suit the purse. The new overarching strategy is just the first step on a long path

Fonterra’s new strategy is all about cutting the cloth to suit the purse. The new overarching strategy is just the first step on a long path

Keith Woodford sets out how the seeds of Fonterra’s current situation were sown a long time ago, driven by over-confidence and arrogance in the overarching company culture

Keith Woodford sets out how the seeds of Fonterra’s current situation were sown a long time ago, driven by over-confidence and arrogance in the overarching company culture

Keith Woodford says Fonterra’s short-term problem is asset sales, asset values and earnings; the longer-term problem is a capital structure that is no longer fit for purpose

Keith Woodford says Fonterra’s short-term problem is asset sales, asset values and earnings; the longer-term problem is a capital structure that is no longer fit for purpose

Keith Woodford lays out how Fonterra’s Chilean profits and market share have been dropping, and how its farmers have been deserting for other processors. He says write-downs appear likely

Keith Woodford lays out how Fonterra’s Chilean profits and market share have been dropping, and how its farmers have been deserting for other processors. He says write-downs appear likely

Keith Woodford explains how Fonterra’s Australian operations must now be centre stage to Fonterra’s financial unravelling

Keith Woodford explains how Fonterra’s Australian operations must now be centre stage to Fonterra’s financial unravelling

Keith Woodford explains how Fonterra’s capital shortage has now got a great deal worse, with no easy answers

Keith Woodford explains how Fonterra’s capital shortage has now got a great deal worse, with no easy answers

The latest numbers say that Fonterra is struggling to turn around both its performance and its balance sheet, says Keith Woodford

The latest numbers say that Fonterra is struggling to turn around both its performance and its balance sheet, says Keith Woodford

Farming financially, consistently

Farming financially, consistently