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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 |
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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