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19 Sep 2025 21:06
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  •   Home > News > Rural

    Fonterra's made a half year after tax profit of 364-million dollars, down 27 million on the same time last year

    Fonterra's made a half year after tax profit of 364-million dollars, down 27 million on the same time last year


    Fonterra
    Fonterra
    The forecast record high farmgate milk price remains unchanged at $9.30 to $9.90 per kilogram of milk solids, which will inject 14 billion dollars into the economy.

    Fonterra CEO Miles Hurrell says the higher milk price has put pressure on margins and the impact of Covid-19 is being felt in many markets.

    He says lower New Zealand milk collections reduced total production, which impacted overall sales volumes.

    Shareholders will receive an interim dividend of five cents per share.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     17 Sep: Dairy prices have fallen another 0.8 percent at this morning's Global Dairy Trade auction
     26 Aug: A new development, in the sale of Fonterra's consumer arm
     23 Aug: Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland
     22 Aug: The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant
     21 Aug: The uncertainty isn't over for dairy farmers
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
     06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight
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