News | Business
8 Feb 2026 0:24
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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     07 Feb: Wastewater remediation works are running smoothly in Wellington's Moa Point, following Wednesday's sewerage leak
     07 Feb: Iran's mysterious Pickaxe Mountain a 'candidate' for new nuclear activities
     06 Feb: A property manager says the numbers of students looking for flats is lower than previous years
     06 Feb: More New Zealanders appear to be opting for a city-break this Waitangi weekend
     06 Feb: Why corporate America is mostly staying quiet as federal immigration agents show up at its doors
     06 Feb: Auckland's train network is shutting down again this weekend - only eight days after fully reopening for the new year
     05 Feb: A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night
     Top Stories

    RUGBY RUGBY
    The Black Ferns Sevens have kicked off their Perth World Series campaign with a 34-12 victory over Japan in pool play More...


    BUSINESS BUSINESS
    Wastewater remediation works are running smoothly in Wellington's Moa Point, following Wednesday's sewerage leak More...



     Today's News

    Soccer:
    Australian defender Jake Girdwood-Reich is refusing to dwell on Auckland FC's recent form slump 21:57

    Living & Travel:
    A Lotto player from Invercargill who bought their ticket on MyLotto has won Division One's million dollars in tonight's draw 21:17

    International:
    Latest Epstein files documents reveal links to multiple monarchies 21:07

    Skiing:
    What you need to know about skiing in Japan and how to keep yourself safe on the slopes 20:57

    Entertainment:
    Khloe Kardashian has "absolutely no fear about death" 20:01

    Entertainment:
    Dove Cameron was "celibate" before meeting her fiance 19:31

    International:
    Thailand election stakes are high as progressives mount new challenge against establishment 19:27

    Law and Order:
    Nancy Guthrie may have been abducted in a 41-minute window, authorities say 19:07

    Entertainment:
    Chris Pratt treats every day like Valentine's Day 19:01

    Rugby:
    The Black Ferns Sevens have kicked off their Perth World Series campaign with a 34-12 victory over Japan in pool play 18:57


     News Search






    Power Search


    © 2026 New Zealand City Ltd