News | Rural
29 Oct 2020 9:04
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 > Rural

    Fonterra's boss says the company is on the home straight - when it comes to debt and earnings

    Fonterra's boss says the company is on the home straight - when it comes to debt and earnings


    Fonterra
    Fonterra
    It's reported a 659-million-dollar net profit for the 2019/2020 season, after a 605-million-dollar loss last year.

    The co-op's paying a final dividend of five cents per share and its farmgate milk price is seven-dollars-14 per kilogram of milk solids.

    Fonterra chief executive Miles Hurrell says they have a couple of asset sales that are still progressing - and he feels good about the momentum they've got on their earnings.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     21 Oct: A challenging year ahead for beef and sheep farmers
     15 Oct: Fonterra's increased the mid-point of its forecast farmgate milk price range to $6.80 per kilos of Milk Solids, up from $6.40
     05 Oct: Dairy giant Fonterra's farm sales in China,don't mean it's pulling out of the market
     28 Sep: The bill to compensate Mid Canterbury farmers found with Mycoplasma bovis in their herds might be around 17-million dollars
     25 Sep: First there was Shrek the wooly sheep and now there's Mrs Gizzy Shrek
     19 Sep: The strategy reset at Fonterra is paying off, and farmers wallets will see the benefits
     19 Sep: An agricultural economist is relieved to see Fonterra back in the black
     Top Stories

    RUGBY RUGBY
    From Canterbury province to Canterbury league for Sir Steve Hansen More...


    BUSINESS BUSINESS
    Work starts immediately to get Wellington's central library back open More...



     Today's News

    International:
    Germany, France impose national lockdowns due to surge in COVID-19 infections 8:57

    Entertainment:
    Sofia Coppola suffered an "identity crisis" after becoming a mother 8:55

    Law and Order:
    The SPCA says a prosecution sends a clear message about an outdated practice 8:47

    International:
    Thunderstorm asthma season is on now. Are we ready for another event if it happens during COVID-19? 8:37

    Entertainment:
    Kelsea Ballerini initially felt anxious about writing love songs with Morgan Evans 8:25

    Christchurch:
    Police are piecing together what led to the death of Christchurch woman of Rosalie Anderson-Hill 8:17

    Business:
    Work starts immediately to get Wellington's central library back open 8:07

    Cricket:
    Mumbai have gone to the top of the Indian Premier League table with a five-wicket victory over Bangalore in Abu Dhabi, chasing 165 with five balls to spare 7:57

    Entertainment:
    Harry Melling thinks escaping the attention of fans was a "blessing" 7:55

    Business:
    Councillors will today vote on a plan to ask central government to buy back Kapiti Airport land 7:37


     News Search






    Power Search


    © 2020 New Zealand City Ltd