News | Business
29 Jan 2026 14:40
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
     29 Jan: New Zealand export values have been surging
     29 Jan: The end of ‘Pax Americana’ and start of a ‘post-American’ era doesn’t necessarily mean the world will be less safe
     29 Jan: Plans to future-proof Queenstown's power supply - include a new transmission line from Cromwell
     29 Jan: Economists are expecting the Official Cash Rate to rise sooner rather than later - flattening forecasts for the property market
     29 Jan: Our beef exports could fill the gap left by a shortage in US cattle supply
     29 Jan: New Zealand's housing market looks like it could be on a different trajectory to Australia
     28 Jan: The Reserve Bank may have to step in and use interest rate hikes to cool inflation
     Top Stories

    RUGBY RUGBY
    Ireland's Auckland-born midfielder Bundee Aki will sit out half of Ireland's Six Nations rugby campaign over referee abuse More...


    BUSINESS BUSINESS
    New Zealand export values have been surging More...



     Today's News

    Entertainment:
    Kim Kardashian is planning to dye her hair blonde to copy Beyonce's latest hair style 14:31

    Rugby:
    Ireland's Auckland-born midfielder Bundee Aki will sit out half of Ireland's Six Nations rugby campaign over referee abuse 14:17

    International:
    The US wanted to ban TikTok over national security concerns. Does a deal with China fix that? 14:17

    National:
    Monumental ambitions: the history behind Trump’s triumphal arch 14:17

    Business:
    New Zealand export values have been surging 14:07

    Entertainment:
    Stefon Diggs has "converted" Cardi B to loving NFL 14:01

    Rugby League:
    New Warriors winger Alofiana Khan-Pereira is well aware of the NRL club's reputation for rekindling careers 13:47

    Entertainment:
    Kim Kardashian once "scammed" the paparazzi by pretending to visit Britney Spears in a ploy to get her picture taken 13:31

    Living & Travel:
    Auckland Airport's celebrating 60 years since opening 13:27

    National:
    Xi Jinping has dismissed two of China’s most senior generals. What does this mean? 13:07


     News Search






    Power Search


    © 2026 New Zealand City Ltd