Equities

Fonterra (FSF) recently highlighted a desire to focus on its NZ milk business, with a decision to be made on the ownership structure of the Australian business. In this note we explore a potential acquisition of Fonterra Australia (Fonterra) by Bega.

IMD has released a record 1Q22 trading update, with unaudited revenue 13% QoQ (41% YoY) to $86.8m.

ANZ’s result will come out on Thursday 28 October 2021 and these are our forecasts for FY21.

There is no change in our forecasts which we last updated just over a month ago at the release of the FY21 result.

World share markets reached new highs in August and early September before reversing most of the quarter’s gains in the final month of the September 2021 quarter as some global indicators pointed to slowing economic momentum in the US and China, and fears over the spread of the Delta variant continued to mount.

PFP announced it has executed binding sale agreements to acquire: 1) Berry Funeral Directors; 2) Glenelg Funerals; & 3) State of Grace.