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7 Nov 2025 14:15
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  •   Home > News > Rural

    Fonterra continues to strengthen its balance sheet

    Fonterra continues to strengthen its balance sheet


    Fonterra
    Fonterra
    The company has been re-organising its operations since reporting a 605 million dollar loss in the past financial year.

    Chief Executive Miles Hurrell says the total group normalised earnings before interest and tax for the nine months to April 30 was 815 million -- an increase of 301 million on this time last year.

    The Country's Rowena Duncum says it good news for the company.

    She says it looks like the strategy they adopted has paid off.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
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