Market Close: NZ Sharemarket Falls Despite Positive Fonterra Result

Market close: NZ sharemarket falls despite positive Fonterra result

The New Zealand sharemarket was down today, driven largely by Fisher & Paykel Healthcare and a2 Milk, but the full-year result released by Fonterra was also...

Fonterra posts $1.1 billion profit

Fonterra chief executive Miles Hurrell is pleased the co-op produced a strong result for dairy farmers over 2024/25. Photo: Fonterra Dairy giant Fonterra’s profit after tax result of $1.1 billion for the financial year ending July is down 4% but its farmer shareholders have enjoyed a record payout.

Milk Payments Rise As Fonterra Grows Profit

Fonterra has posted another solid year of financial performance, releasing its full-year FY25 results with $26 billion in revenue and record cash returns to shareholders of $16.2 billion. Operating profit rose by 13% to $1.73 billion, while profit after tax sat at $1.08 billion—down 4% due to tax changes, but up 13% on a tax-adjusted basis.The final Farmgate Milk Price for the 2024/25 season was confirmed at $10.16 per kgMS, representing $15.3 b…

Fonterra reports strong performance in FY25 - FMCG Business

Fonterra Co-operative Group Ltd has today released its FY25 annual results, which show the Co-op generated $26 billion in revenue and delivered $16.2 billion in total cash returns to shareholders. The final Farmgate Milk Price for the 2024/25 season was $10.16 per kgMS, equating to $15.3 billion in milk payments to New Zealand farmers, up $3.8 billion on last year. The Co-op also announced a FY25 full year dividend of 57 cents fully imputed, and…