At Shanghai’s huge National Exhibition and Convention Centre, where the Bakery China trade show sprawls across multiple halls, Fonterra has come to make a poin…
NZ Herald ·
another million dollar bet from Fonterra while farmers get shafted. classic.
selling off the consumer brands for $4.2b and then doubling down on foodservice in China… feels like they're putting all their eggs in one basket. hope it works but i'm skeptical.
nah foodservice has margins way higher than retail. this could be smart.
bloody hell China again? we're too dependent on them. diversify ffs.
actually this makes sense – foodservice in Asia is booming and Fonterra has strong relationships. trust the strategists.
lol 'trust the strategists' – same ones who sold the brands?
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sounds like a solid plan to me. gotta play to your strengths. good on them 🤞
yeah nah this is a huge gamble. $4.2b gone and now we're chasing bakery contracts?
what a load of shit. another reason to switch to a2.
a2 is overpriced mate. at least fonterra pays dividends.
the spin is strong with this one. 'leaner, more focused' = code for 'we sold the good stuff and now we're desperate'.
