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20 May 2024 20:51
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  •   Home > News > Rural

    Fonterra's share price has remained constant at about two-dollars-62, despite a stellar interim financial result

    Fonterra's share price has remained constant at about two-dollars-62, despite a stellar interim financial result


    Fonterra
    Fonterra
    The co-op's interim profit's risen 50 percent to 546-million-dollars - and it's doubled its interim dividend to 10 cents.

    Chief executive Miles Hurrell says having shares exclusively available to farmers means it's a relatively thin market.

    He says he's focused on delivering to expectations and hopes today is a signal they're on the right track.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     17 May: Uncertainty around Fonterra's plan to sell well-known brand Anchor
     17 May: Fonterra's CEO says the co-op's decided to divest a number of overseas operations, for the good of the business
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
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