News | Rural
23 Nov 2025 8:07
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.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
     Top Stories

    RUGBY RUGBY
    All Blacks lock Fabian Holland has won World Rugby's breakthrough player of the year award More...


    BUSINESS BUSINESS
    Meat exports have reached a record high, despite Donald Trump's recently-scrapped tariffs More...



     Today's News

    Rugby:
    All Blacks lock Fabian Holland has won World Rugby's breakthrough player of the year award 7:57

    Entertainment:
    Lottie Tomlinson says having children has "healed" part of her, after she lost her mother and sister 7:55

    Soccer:
    Liverpool's English Premier League title defence has lurched deeper into crisis ...with a 3-0 loss at home to Nottingham Forest 7:47

    Rugby:
    All Blacks coach Scott Robertson is rapt with the season-ending 52-26 win over Wales in Cardiff 7:37

    Auckland:
    A fire investigator's heading to Auckland's Karangahape Road, after a fire sparked up in a club in the early hours 7:27

    Entertainment:
    Princess Beatrice says the experience of a premature birth can "incredibly lonely" 7:25

    Basketball:
    The Breakers have jumped from 9th to 7th on the NBL basketball table after a 102-96 win over the Taipans in Cairns 7:17

    International:
    When child care fails, women leave work: Is gender equality the next victim of the childcare crisis? 7:07

    Motoring:
    Formula One drivers leader Lando Norris has had a crack at his rivals after claiming pole for this evening's Las Vegas Grand Prix 7:07

    Rugby:
    The All Blacks have finished a topsy turvey season by sinking Wales 52-26 in Cardiff 6:57


     News Search






    Power Search


    © 2025 New Zealand City Ltd