News | Business
15 Nov 2025 13:47
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 > Business

    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 Business News
     15 Nov: Food price inflation's heading back up again with supply costs increasing at an accelerated pace
     15 Nov: The cost of food appears to show no signs of easing
     14 Nov: The Prime Minister's again talking about raising the retirement age
     14 Nov: New Zealand's largest manuka honey producer's voted down a richlister takeover bid - leaving its fate in limbo
     14 Nov: A former Wairoa restaurateur is facing liquidation over a 400-thousand dollar debt to Inland Revenue
     14 Nov: Historically low migration figures are telling the story of our labour market
     13 Nov: The Finance Minister's being urged to take urgent and decisive action on our banking sector
     Top Stories

    RUGBY RUGBY
    Tomorrow's mouthwatering England-All Blacks test at Twickenham could decide the visitors' Grand Slam hopes More...


    BUSINESS BUSINESS
    Food price inflation's heading back up again with supply costs increasing at an accelerated pace More...



     Today's News

    Entertainment:
    Gloria Estefan says someone should create hologram bullfighting shows 13:42

    Soccer:
    Germany are on the brink of automatic qualification for next year's men's foootball World Cup, following a 2-nil away win over Luxembourg 13:26

    Entertainment:
    Kylie Jenner appears to have a new kitten - days after her beloved dog died 13:12

    Golf:
    Kiwi golfer Daniel Hillier is relishing being among the contenders at the European Tour's season-ending tournament in Dubai 13:06

    Accident and Emergency:
    A search is underway for two people missing in overdue boat off the Whangarei coast 13:06

    Rugby:
    Tomorrow's mouthwatering England-All Blacks test at Twickenham could decide the visitors' Grand Slam hopes 12:46

    Entertainment:
    Cynthia Erivo has gone viral with her reaction to a Wicked fan telling her she found the actress' lost sculptural hat 12:42

    National:
    Psychedelics might help terminal patients find peace 12:26

    Cricket:
    A new coaching role for former Black Caps skipper Tim Southee 12:26

    International:
    Court finds 'pollutant' BHP liable over deadly Brazilian dam collapse 12:16


     News Search






    Power Search


    © 2025 New Zealand City Ltd