In this year’s Dairy Companies Review, TDB looks at the financial performance of NZ dairy processing companies in 2019. The report reviews the 2019 and historical performance of six of New Zealand’s dairy processing companies:

• Fonterra;
• Mataura Valley Milk;
• Oceania Dairy;
• Open Country Dairy;
• Synlait;
• Tatua; and
• Westland Milk Products.

In the review we see that Fonterra did what it said it was going to do and Tatua did what it always does. However, 2019 was a difficult year for some of the industry’s relative newcomers and the year finished with Westland’s shareholders selling their company.