News | Business
26 Dec 2025 7:00
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
     25 Dec: Two low-cost fuel providers plan to merge, creating the country's largest majority Kiwi-owned fuel company
     25 Dec: Whitney Hansen will mix business with relaxation over the Christmas break
     25 Dec: US and Ukraine reach consensus on key issues to end war with Russia but territorial disputes remain
     24 Dec: Disappointment for retailers this Christmas Eve - as shoppers appear to be feeling the pinch
     24 Dec: Purse strings appear to be tight this Christmas Eve - as last minute-shoppers hit the stores
     24 Dec: Pressure builds on Milano Cortina organisers amid climate concerns and funding issues
     24 Dec: Scepticism about a free trade agreement with India, less than a year out from the election
     Top Stories

    RUGBY RUGBY
    Crusaders coach Rob Penney's revealed what's on his 'Dear Santa' wish list as he plots their Super Rugby title defence in 2026 More...


    BUSINESS BUSINESS
    Two low-cost fuel providers plan to merge, creating the country's largest majority Kiwi-owned fuel company More...



     Today's News

    Entertainment:
    Anne-Marie turned to pal Ed Sheeran for advice on how to juggle being a parent and a pop star 6:50

    Entertainment:
    Will Arnett has revealed the text his ex-wife Amy Poehler sent him after they were both nominated in the Best Podcast category at the 2026 Golden Globes 6:20

    Law and Order:
    A 29-year-old man's due in court today - after turning himself into Police for questioning yesterday, over a double homicide in Ruatiti 5:16

    International:
    North Korea has released new images of what it claims is its first nuclearpowered submarine 21:56

    Entertainment:
    Kate Winslet puts salt in her shoes and pockets to protect herself from "tricky individuals" 21:50

    Entertainment:
    Kris Jenner claims her grandson Tatum "can see" and has conversations with her late husband Robert Kardashian 21:20

    Environment:
    Metservice has issued a severe thunderstorm warning for Waitaki and Dunedin City 21:17

    Entertainment:
    Dame Denise Lewis thinks a lack of communication with and respect for a partner causes long-term relationships to break down 20:50

    Entertainment:
    Martha Stewart will never wear "open-toed shoes" to another basketball game after her footwear choice left her with a broken toe 20:20

    Soccer:
    Footballer Joe Bell is enjoying a Kiwi Christmas 19:56


     News Search






    Power Search


    © 2025 New Zealand City Ltd