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18 Sep 2025 4:31
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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
     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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