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10 Jan 2026 13:08
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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.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
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