News | Rural
16 Apr 2024 16:23
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Rural

    Fonterra's happy it's further reduced debt

    Fonterra's happy it's further reduced debt


    Fonterra
    Fonterra
    It's made a 599 million dollar profit this financial year, 60 million dollars down on last time.

    The dairy giant says last year's results were boosted by selling shares in two companies.

    Farmers will get a final 2020-to-21 farmgate milk price of seven dollars.54 a kilo of milk solids, and shareholders a 20 cents per share dividend.

    CEO Miles Hurrell says it's shipped record volumes overseas despite the pandemic, and has continued to cut debt.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
     Top Stories

    RUGBY RUGBY
    Southland remain the only winless side in the National Basketball League after a 100-75 home loss to Wellington More...


    BUSINESS BUSINESS
    A Christchurch businessman's appeal against the Tenancy Tribunal's been dismissed More...



     Today's News

    Accident and Emergency:
    A man missing for nearly 24 hours in bush at Rotorua's Okere Falls - has been found, with a back injury 16:18

    Entertainment:
    Jelly Roll has been on a major health kick 16:10

    Entertainment:
    King Charles and Queen Camilla are "utterly shocked and horrified" by the stabbing in Sydney 15:40

    Education:
    Calls for Ministry funding - after an inquiry's found learning issues with Christchurch Shirley Boys High Schools' modern classes 15:37

    International:
    Kenyan runner Willy Mnangat says he was a pacesetter for He Jie during controversial finish to Beijing half marathon 15:37

    Entertainment:
    Suki Waterhouse has had a baby girl 15:10

    Rugby League:
    Forwards are continuing to drop like flies for the Warriors NRL side - with confirmation Jazz Tevaga will be sidelined for up to two months 14:57

    Entertainment:
    Sherri Shepherd's career was inspired by Oprah Winfrey 14:40

    Entertainment:
    Sir Elton John sent Lance Bass a gift basket after he came out as gay 14:10

    Law and Order:
    Five youths are in custody, accused of stealing a car, and speeding through Hawke's bay 14:07


     News Search






    Power Search


    © 2024 New Zealand City Ltd