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7 Dec 2025 16:19
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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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    Kiwifruit company Zespri, is confident about the growth potential of the US market - despite ongoing trade disruptions More...



     Today's News

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    Business:
    Kiwifruit company Zespri, is confident about the growth potential of the US market - despite ongoing trade disruptions 14:07

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    International:
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