News | Business
4 Mar 2026 17:08
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
     04 Mar: Air New Zealand's financial position could worsen before it gets better
     04 Mar: Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country
     04 Mar: A new survey suggests New Zealand investors' love affair with property, is being shaken
     04 Mar: The Utilities Dispute service is welcoming changes to power rules
     03 Mar: NZ officials weighing up whether to approve merger of two major global companies
     03 Mar: An inflation warning from the Finance Minister - as Labour mulls its Reserve Bank policy
     03 Mar: Tourism continues to be a major force in the economy
     Top Stories

    RUGBY RUGBY
    The Dave Rennie era is upon the All Blacks More...


    BUSINESS BUSINESS
    Air New Zealand's financial position could worsen before it gets better More...



     Today's News

    Cricket:
    New Zealand white-ball cricket captain Mitchell Santner is trying to garner some perspective as they prepare to play the first T20 World Cup cricket semi-final against South Africa in Kolkata overnight 16:57

    Rugby:
    The Dave Rennie era is upon the All Blacks 16:47

    Entertainment:
    Meredith Monroe has shared a touching tribute to her late Dawson's Creek co-star James Van Der Beek following his death 16:35

    Law and Order:
    No-shows from jurors have forced postponement of a trial in Dunedin District Court  16:17

    National:
    Mourning, celebration and a divided legacy: why the death of Ali Khamenei reverberates far beyond Iran 16:07

    Entertainment:
    Jennifer Garner has opened up about the challenges she's faced while co-parenting her children with Ben Affleck 16:05

    Entertainment:
    Taylor Swift "loves" The Traitors 15:35

    Environment:
    Tauranga City Council's extended its Transition to Recovery period from January's storm and fatal landslides - until April 1 15:27

    Entertainment:
    George Takei has given up running at the age of 88 after having surgery on his foot 15:05

    Law and Order:
    The grandparents of Timothy Tu'uaki Rolleston-Bryan angry and upset the police investigation into his fatal dog attack remains open 14:57


     News Search






    Power Search


    © 2026 New Zealand City Ltd