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30 May 2025 18:17
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  •   Home > News > Rural

    Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon

    Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon


    Fonterra
    Fonterra
    In its latest quarterly update, profit's up 11-percent, while earnings per share are up 13-percent.

    The dairy giant's forecasting a farmgate milk price payout of 10-dollars, and an earnings range of 65 to 75 cents per share.

    It expects demand to continue for now, but still isn't sure how the next year will track.

    It's forecasting a payout of 10-dollars for next season -- but within a forecast range of eight-dollars to 11-dollars.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Flood-hit dairy farmers are struggling, and it may mean higher milk prices
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
     07 May: Global dairy prices have skyrocketed
     30 Apr: Hopes Fonterra will employ 120 workers, with the closure of a Hamilton milk-powder packaging facility
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