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30 Jun 2025 13:49
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  •   Home > News > Rural

    Fonterra's new chief financial officer's trumpeting the co-op's interim results

    Fonterra's new chief financial officer's trumpeting the co-op's interim results


    Fonterra
    Fonterra
    It's delivered an after tax half year Profit of 546-million-dollars, up 50 percent.

    Fonterra also plans to return owners 800-million-dollars - once the sale of its Soprole business in Chile concludes.

    That'll give farmers about 50 cents a share.

    Chief financial officer Neil Beaumont says he's happy to report a strong balance sheet.

    He says it's been achieved progressively through improved performance and increased financial discipline.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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