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FCG Freedom Care Group Holdings Ltd

0.037
0.00 (0.00%)
21 Nov 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Freedom Care Group Holdings Ltd ASX:FCG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.037 0.038 0.075 0.00 00:00:00

Fonterra Can't Import Cheese Directly Into U.S. In 2015

02/02/2015 4:30am

Dow Jones News


Freedom Care (ASX:FCG)
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WELLINGTON, New Zealand--Fonterra Co-Operative Group Ltd. (FCG.NZ) will be unable to import New Zealand cheese into the United States in 2015 due to an error, but any financial impact will be minimal, it said Monday.

"Due to human error, a deadline was missed which meant that Fonterra (USA) failed to apply in time for licenses to import New Zealand cheese into the USA in 2015," said Kelvin Wickham, Fonterra Director Global Ingredients.

Mr. Wickham said, however, Fonterra has reached commercial arrangements with other New Zealand cheese license holders to ensure that it can meet its planned 2015 New Zealand cheese orders in the United States.

As a result "the financial impact is limited and our 2015 sales will not be impacted," he said.

Write to Rebecca Howard at rebecca.howard@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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