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16 Oct 2025 13:35
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  •   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

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     Top Stories

    RUGBY RUGBY
    Former All Blacks centre Craig Innes believes the return of prominent rugby age-grade representative tournaments can potentially fix a pathways issue More...


    BUSINESS BUSINESS
    The owner of online marketplace GrabOne - has gone into liquidation More...



     Today's News

    Rugby:
    Former All Blacks centre Craig Innes believes the return of prominent rugby age-grade representative tournaments can potentially fix a pathways issue 13:27

    Entertainment:
    Jennifer Aniston didn't adopt a child during her struggle to become a mother because she wanted to have her "own DNA in a little person" 13:17

    International:
    Funeral held for dead Israeli hostage Guy Illouz as two more bodies released 13:17

    Politics:
    Why did Britain's case against two alleged Chinese spies collapse? 13:07

    Business:
    The owner of online marketplace GrabOne - has gone into liquidation 13:07

    Entertainment:
    Katy Perry has given up dating British men 12:47

    Rugby:
    A retirement in the swimming world.. 12:27

    Entertainment:
    Keanu Reeves has hailed Diane Keaton as a "generous artist" 12:17

    Business:
    The price of food has risen 4.1 percent in the past year 12:07

    Law and Order:
    Police are asking the public to report sightings of a woman's red station wagon, as they investigate her death in Pahiatua, west of Palmerston North 12:07


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